• The limit on annual contributions to an IRA increased to \$7,000, up from \$6,500.
  • https://www.irs.gov/newsroom/401k-limit-increases-to-23000-for-2024-ira-limit-rises-to-7000

• For married couples filing jointly, the income phaseout range for making contributions to a Roth IRA will increase to between \$230,000 and \$240,000, up from a range of \$218,000 to \$228,000. (Those making under the threshold can contribute up to the full amount, those making in between can contribute a reduced amount, and those making over can’t contribute anything to a Roth.)
  • https://www.barrons.com/amp/articles/401k-ira-retirement-contribution-limits-irs-31ceeacf

• https://www.reddit.com/r/fidelityinvestments/comments/1bjstmf/roth_401k_or_roth_ira/
  • The reply from Fidelity_JennyK has lots of information.

Can a retirement plan account from an employer be a Roth IRA?

No, it can't be. A Roth IRA is a personal account.

Ref:- https://thefinancebuff.com/simple-ira-complicated-rollover.html

• https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-simple-ira-plans - SIMPLE IRA plan FAQs

• Traditional IRA
• SIMPLE IRA