Can You Contribute to a 401k and a Roth IRA at the Same Time?

Saving for retirement seems simple enough. You tell your employer how much you want to contribute each paycheck, and maybe they match some of that, and the funds accumulate over time. Occasionally, you can use a 401k calculator to see how much you can take in retirement income.

Will it be enough? If not, you may want to open a Roth IRA to supplement it.

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