Popular Answers. 1  hi george, what about this: in germany for example you have a legal framework which defines what a startup is, and this definition is a temporal one (I think it is five years starting with the official launch of the startup). 2  Hi George,
Yes, you can invest in both an IRA and a 401k (or a Roth 401k and a Roth IRA) at the same time, or any combination of those accounts.And in some cases, based on the fees in your 401k, an IRA might actually be a better place to invest your money.ou can indeed have a 401(k) and IRA at the same time. Itâs good that you listed the income limits also for contributions to a Roth. To answer âFashionsâ question above â you can contribute to a Roth at anytime, however April 15 is the last day to make contributions that may be credited for 2009.
401k Catch Up Contributions. If you are older than 50 years or will be 50 by the end of the tax year, then the IRS has a special provision allowing you to contribute to your 401k above and beyond the typical dollar limits set for your 401k plan.These contributions are called 401k catch up contributions.According to the IRS, for 2015 the 401k contribution limit is $18,000 (this an increase from the 2014 401k contribution limits of $17,500).f you are older than 50 years or will be 50 by the end of the tax year, then the IRS has a special provision allowing you to contribute to your 401k above and beyond the typical dollar limits set for your 401k plan. These contributions are called 401k catch up contributions.