Investments Retirement

Q&A: When can contributions be made to investment accounts?

Brokerage accounts can be contributed to at any time.

In 2020, Traditional and Roth IRAs have annual contribution limits of $6,000 (or $7,000 for people age 50 or older). However, there are phase-outs based on income.

In 2020, 401(k)s/403(b)s and 457s have annual contribution limits of $19,500 (or $26,000 for people age 50 or older). However, there are phase-outs based on income.

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