Skip to main content

Ask the Hammer: Can I Contribute to My Roth 401(k) Regardless of My Income?

Jeffrey "The Buckinghammer" Levine of Buckingham Wealth Partners answers a Retirement Daily reader's question about contributing to Roth 401(k)s.

In this episode of Ask the Hammer, the Retirement Daily reader's question is:

Can I contribute to my Roth 401(k), regardless of my income, even though that’s not the case with a Roth IRA?

Our expert, Jeffrey "The Buckinghammer" Levine of Buckingham Wealth Partners, met with Retirement Daily editor Robert Powell to answer this reader's question.

It turns out that the answer is very straightforward. Here's what Levine talks about in this episode:

  • Different ways to get money into a Roth account
  • Which type of Roth account has limits on deposit amounts

For more on Roth 401(k)s, check out: Ask the Hammer: Save in a Roth 401(k) or Not?

Stay tuned for more Ask the Hammer!

Got questions?


More Ask the Hammer

Is It Possible to Make a Mistake When Claiming Social Security?

What Do I Need to Know About Rule 72(t)?

What's Some Advice for Uncovering Marital Assets in a Divorce?

Am I Always Eligible for the 0% Capital Gains Tax Rate?

When Should I File My Taxes?

How Do I Invest the Fixed-income Portion of My Portfolio?

Should Parents Provide Financial Support to Adult Children?

What's the Value of a Risk Tolerance Questionnaire?

How Do I Select the Best Retirement Plan Payout Option?

What Are The Distribution Rules for Beneficiaries of Inherited IRAs?

Should We Worry About National Debt?

What are the Tax Consequences to Selling Assets in a UTMA or UGMA?

What are Some Tips on Buying a Used Car?