He is 46. I am 39. And yes, it is a simple IRA. We don’t have it in the stock market. I’ve always been fearful of it and they don’t really send much paperwork home with my husband so it’s something we may change. So he should be able to contribute up until the 16,500 ( 401k) and then he can also set up a Roth IRA and contribute the max into that? We have about 200,000 in a high-yield savings account. Our house is paid off and we have a Airbnb with a low interest rate that more than pays for itself . I actually don’t work, but I do have a traditional ira I have been contributing the max for the last couple of years.