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Asked 11/7/2008

Can i contribute post-tax dollars to a 401K (i don't want a ROTH 401K)

Can i contribute post-tax dollars to a regular 401K ? (i don't want a ROTH 401K)

 
 
 
 
 
Answers

Answer 1/3 - Submitted 11/7/2008

Assume you are talking about an IRA, not 401K. There is really no such thing as post-tax dollars when contributing to an IRA unless you put in more than your yearly limit. If you contribute now then you can claim the deduction when you file '08 tax return. It makes no sense(and no benefit) not to claim it.

 
 

Answer 2/3 - Submitted 11/7/2008

I am not talking about an IRA or ROTH IRA nor a ROTH 401k.

For a regular 401k, are you allowed to make post-tax contributions?

 
 

Answer 3/3 - Submitted 11/7/2008

You probably could, but it wouldn't be using the full benefit of the 401k

 
 
 
 
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