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But you can do both...
Exactly...
You can contribute up to $18,000 to your 401k and put up to $5,500 in a Roth IRA or traditional IRA that same year. One is not limited by the other.
Thanks @OP, good to know!
His "personal financial advisor" told him so...
I hope he's on Fishbowl...
But you're limited in the aggregate, right? I mean if you max out your pre-tax 401k contributions, you can't add more to a Roth...?
^D1 I think you're confusing an IRA and a 401k too. Both can be Roth, but only the 401K is employer sponsored