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

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

• brij2006

  

  member

  March 2014

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

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• smerka

  

  member

  March 2014

  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.

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• hoffse

  

  member

  March 2014

  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.

  

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