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For households without kids it wouldn't be egregious to have the ability to make 529 size contributions to Roth-IRA.
by havella 9y ago
For households without kids it wouldn't be egregious to have the ability to make 529 size contributions to Roth-IRA.
- bluedevil2k 9y ago"529 type contributions to Roth-IRA" -- They do, it's called a Roth IRA
- havella 9y agommm perhaps lack of clarity on my comment. I was referring to the size of the maximum contribution. $14000 for 529 vs 5500 for ROTH and there's an income limit for ROTH. ~190k
- smileysteve 9y agoFor that, we have the Roth 401k. Certainly 401ks aren't limited to the 20%, but the 20% can certainly contribute more easily and get more nominal matching.