401k, IRA....? What to do?

rcultrona

I currently have a 401k through work but they no longer match anything. I currently contribute 12% into a roth401k (after taxes). The plus side is my company still manages the 401k funds reasonably well so they do provide a little direction but without the match I am wondering if I would be better off contributing to a IRA. DH and I are going to tea up with a financial adviser soon but I would love some input. 

brij2006

I would max out the Roth IRA's first (one for each of you), then invest the rest into the 401k.

smerka

I do not know what the contribution limits are for a Roth401k. If they are like a 401k and max out at $17,500, I would stick with the Roth401k. If they are like an IRA, I would do a Roth first ($5,500) and the Roth 401k after that up to the max.

hoffse

Roth 401(k)s max out at 17,500.  Keep doing what you are doing.  Roth 401(k)s have the exact same tax benefits as a Roth IRA.

Roth IRAs usually take a bit more discipline because you have to do it yourself.  If it's being managed well, I wouldn't re-invent the wheel.