DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing cover image

What to Do When You Make Over the Roth IRA Limits?

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing

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How to Maximize Your Traditional 401k and Roth IRA

Rebecca from New Jersey has a good problem to have. She is maxing out her traditional 401k with her employer and she's maxed out her Roth IRA. Daniel: If you are making additional monies outside of your W two income, that is potentially pushing your overall income level above a situation where you're maxed out above a Roth. Ironically, that opens you up to doing something in addition to the 401k that you're doing now. That is opening a SEP IRA.

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