Can you invest in both 401(k) and an IRA?

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In this video, we explain how employed individuals can utilize all the retirement outlets that are available to them such as investing in a company sponsored 401(K) or separately into an Individual Retirement Account (an IRA).

qplum LLC is a registered investment advisor. Information presented in this video is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial advisor and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance. Please visit our website for terms of use.

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1 Response

  1. Aashwin Sachdev says:

    Maxing out your 401(k) does not affect your Traditional IRA deduction – income does.

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