Learn more about saving for retirement with a Roth 401(k).

Beginning January 1, 2006, a new type of savings plan became available. The Roth 401(k) is an account to which you can make contributions in excess of the normal Roth IRA contribution limits.

 

Roth IRA contribution limits.

If contributions on your behalf are made only to Roth IRAs, your contribution limit for 2013 will generally be the lesser of:

  • $5,500, or Your taxable compensation for the year

If you were age 50 or older before 2014 and contributions on your behalf were made only to Roth IRAs, your contribution limit for 2013 will generally be the lesser of:

  • $6,500, or Your taxable compensation for the year