According to the IRS the maximim contribution to a Roth IRA is far less: $5,500.... | Hacker News

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Fezzik on Sept 24, 2017 | parent | context | favorite | on: What I would do if I was 18 now

According to the IRS the maximim contribution to a Roth IRA is far less: $5,500.

https://www.irs.gov/retirement-plans/plan-participant-employ...

jlgaddis on Sept 24, 2017 [–]

Yep, though once you reach a certain age it goes up to $6,000/year.

The $18,000 number sounds familiar. I think that's the maximum annual contributon to a 401(k) but don't quote me on that.

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