Yes, you can make contributions to both plans. However, the combined total cannot exceed $15,000 for 2006, $15,500 for 2007, and adjusted for cost of living thereafter.
If you are 50 or older, the limits are increased by an additional $5,000.
Roth 401k is a relatively new tax sheltered investment vehicle available to Americans. This site will give you an overview of this new investment with material for further reading.
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