conversation: User (garabon123): "hello,\nI have been learning about retirement account and I am little confused.  Please help me answering these questions and i will be really appreciated.\n\nWhat is maxing out 401k mean? does this mean i should contribute to the percentage that my company is matching? or the annual amount that i can contribute per year which is $18000?\nI am contributing about 9k per year in my 401k.  I am maxed out on my company’s matching rate. which is 5%.  Should I put contribute more dollars to maximize $18000? then move on to Roth IRA? or should i start contributing to Roth IRA now?\n\nAlso how often do you relocate 401k assets? and are “YEAR TO DATE PERFORMANCE” and “RATE OF RETURN” the same?\n\nthank you so much for reading my post :)"
  Self: "The $18,000 is for both kinds of 401K (Roth and traditional) together, but the Roth is post tax.  [This is the math.](https://www.reddit.com/r/personalfinance/comments/2jqnjy/can_we_talk_about_the_misconceptions_people_have/)  The IRA is 5,500 (traditional and Roth)."
  sh4d0w1ink920 (sh4d0w1ink920): "You can contribute $18,000 to a 401(k) and an additional $5,500 to a Traditional/Roth IRA."
  