IF I PARTICIPATE IN A 401(K) PLAN AT WORK, CAN I STILL OPEN A ROTH IRA? Yes! I love pointing this out at my seminars because so few people are aware of it. My suggestion is that you and your partner first make sure that the two of you are maxing out your contributions to your 401(k) plans. Couples who maximize their 401(k) plans and then contribute to Roth IRAs are setting themselves up to Finish Rich! I strongly recommend this if you can pull off the extra savings and you qualify based on your income.
