Message Font: Serif | Sans-Serif
UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next
Author: paulmaz Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 25247  
Subject: 401(K) or Roth Date: 12/13/2000 1:37 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0

My wife and I are 25 years old. I have been contributing fully to a ROTH IRA for two years now, and my wife has been for one year. We have a combined income around $108,000.

We both just got 401(K)'s at work. My wife's company will match buck for buck up to 5%. My company is doing a "discretionary" matching, meaning it depends on profits for the year.

We started putting 5% in my wifes 401(K), and just 2% into mine, because we don't want to put all of our money into retirement (we wnat some short term plans also)

My question is...

Would I be better of putting more into the 401(K)'s and less in the IRA's? Will it be better in the Tax-deffered acount as opposed to the Roth?

Appreciate any insight into this.

Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next


Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.