I am planning on stopping my contributions to my 401(k), because my employer doesn't match any of my contributions. I was planning on taking the $50 that I was putting into my 401(k), and put it into a Roth. However, the first week that my employer stopped taking the money out of my paycheck, I noticed that because of the pre-tax advantage of 401(k) contributions, I will “loose” about $15/week.My first question is, because of the tax-free earnings off the Roth, will the $15/week loss be made up with the Roth?I really like what the Roth IRA has to offer, especially since I believe that taxes will only go up in the future, so I would rather pay the taxes now than later. I also like how the maximum contributions have been increased. So, the Roth, to me, looks attractive but what would be worth it to me?Another question I have is where should I buy the Roth? I know a guy at Edward Jones who I like, but he wants to charge me $30 per year per Roth (one for me, one for my wife; so $60 per year). Is that good? If not, what should I expect for fees, and where should I go to buy one?Any help would be appreciated.
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