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A comment on Ask HN: What kind of personal financial investment do you do?. Parent comment

Re:Ask HN: What kind of personal financial investment do you... by willgodfrey on Wednesday February 09, 2011 @06:57PM (#2199925)
Yes, but a 401k has an annual contribution limit of 16.5K while an IRA allows only 5.5K in annual contributions.

Ideally, having both accounts would give you 23K of tax-advantaged savings.

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