Roth 401(k) make up contributions for 2025
Good morning, Terry. I am very fortunate to have received a year-end bonus. Because I am 62 years old, I believe I can contribute up to $34,750 in my work 401(k) in 2025 . So far I have contributed $17,160.39 into my work 401(k). I also contributed $8,000 to a Roth through Vanguard. Is the $8000 added to $17,160 towards the $34,750 total? Or is the Roth 401(k) separate from my personal Roth account? I hope this makes sense. I appreciate your input. Thank you.
Terry Says
Well, they are separate — BUT you missed the deadline for making a catchup contribution for 2025. It had to be made out of the last paycheck of the year!
It’s a shame your employer didn’t point this out to you. Next year, stay ahead of the game, and if you think you will qualify be sure to get this extra contribution in by year-end.
