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What should I do if I am eligible for both a Roth IRA and my company retirement plan, but I dont have enough money to contribute the maximum to both?

April 26, 2017COMPANY contribute eligible maximum money retirement plan roth ira

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What should I do if I am eligible for both a Roth IRA and my company retirement plan, but I dont have enough money to contribute the maximum to both?

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A. Experts recommend that you first contribute at least enough to your company plan to take full advantage of any employer match. After getting the full employer match, the best approach varies, depending on your circumstances. Consult with a tax professional if you are unsure.