Can I still contribute to my 401(k) for 2020?

Investing
#1

I would like to retroactively contribute to my 401(k) for 2020 to reach the maximum allowable contribution of $19,500. Can I do this before the April tax deadline? Or is it too late?

Thanks for any help you can provide.

#2

401(k) contribution deadlines are 12/31 of each year. So unfortunately, you are too late for 2020. But you can still max out IRA for 2020 if you’d like - that has the tax deadline.

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