After I left my last job my 401k was converted to a Roth IRA + Traditional IRA through Fidelity
My current job did not have any retirement plans at first so investing was easy just maxing out my old Roth IRA each year.
Last year my current employer began offering a Simple IRA retirement plan through Voya with company match that I signed up for and have been contributing to over the past year.
I have not contributed at all to my Roth IRA as I wasn't sure if there would be any kind of penalty if I did.
Is it safe for me to still max out my Roth IRA contribution while also contributing to the separate Simple IRA plan from my work?
I did not max out the Simple IRA contribution limit
Thanks!
Submitted December 30, 2023 at 01:43AM by cainsomniac https://ift.tt/7exRuWH
