Originally Posted by
Broncos
1) Am I still eligible to contribute to a Traditional IRA this year?
Yes
2) If so, how much? $5500?
$5,500
3) Can that amount also be rolled into the Roth?
Yes
As always, I'm not a tax guy and it's always good to chat with one. However, I have done the exact same thing you did.
Originally Posted by
Sparty
How were you able to put in 37,300 personally? I thought the limit was 18,500?
401k is limited to $18.5. You can continue to contribute to 401a up to $55k (401k + Company contributions + 401a). If you're interested in what he's talking about, google "Mega back-door Roth IRA." This is not to be confused (though often is) with the regular back-door Roth IRA.