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willgodfrey
on Feb 9, 2011
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Ask HN: What kind of personal financial investment...
Yes, but a 401k has an annual contribution limit of 16.5K while an IRA allows only 5.5K in annual contributions.
Ideally, having both accounts would give you 23K of tax-advantaged savings.
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Ideally, having both accounts would give you 23K of tax-advantaged savings.