You can fund a traditional IRA and 401k up to a certain MAGI.[2] If your spouse doesn't work, or their work doesn't offer a 401k, you can fund a traditional IRA

You can fund a traditional IRA and 401k up to a certain MAGI.[2] If your spouse doesn't work, or their work doesn't offer a 401k, you can fund a traditional IRA for them as well. Roth IRA is $5.5k/year.[0] If your 401k plan allows in-plan conversions you can also do mega backdoor Roth IRA contributions up to something like $37k. [1] 0. https://www.nerdwallet.com/blog/investing/roth-ira-contribution-limits/ https://www.nerdwallet.com/blog/investing/roth-ira-contribut... 1. https://thecollegeinvestor.com/17561/understanding-the-mega-backdoor-roth-ira/ https://thecollegeinvestor.com/17561/understanding-the-mega-... 2. https://www.quickanddirtytips.com/money-finance/retirement/can-you-contribute-to-a-401k-and-an-ira-in-the-same-year https://www.quickanddirtytips.com/money-finance/retirement/c...