A few people that I’ve talked to recently thought that because
they had a 401k at work, they couldn’t open an IRA. Not true!
Let’s take a closer look at investing in both an IRA and a 401k
at the same time.  Since the tax deadline (which is also the
last day to contribute to an IRA for last year) is just days
away, you’ll have to act quickly if you want to start a new IRA
and maximize your contribution.     Limits on 401k and IRA
Contributions   Traditional IRA contributions do not have income
limits, but the income limits for a Roth IRA phases out for
single filers between $112,000 to $127,000 ($178,000 to $188,000
for married) for 2013, unless you use a Backdoor Roth IRA. See
the Roth 401k and Roth IRA Limits for all the contribution
limits for 401ks and IRAs.  Which Order to Fund the Accounts
Here’s the strategy that I’ve always used when funding
retirement accounts.    4. Max out the rest of the 401k.   5.
Finally, save the rest in a taxable account.   Deadline to Open
an IRA  If you haven’t started an