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Author: maudobucks Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75538  
Subject: 403b and Roth IRA Date: 5/10/2000 3:36 PM
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I've searched unsuccessfully for an answer to the following question. Sorry if it has already been discussed.

Here's my question:

I am 29 years old and currently contribute to a 403b plan offered through my employer. Can I also open a Roth IRA? If so, which one benefits me most?

I believe the maximum annual contributions to each are $10,500 and $2000 respectively. My 403b is invested in the Vanguard SP Index, and currently contribute about $300/mo. I realize the benefits largely depend on the returns on the investments I would make relative to the S/P, but is one of these investment vehicles inherently better than the other?

My objectives are long term buy and hold. If I were to open a Roth IRA I would likely invest in a combination of Dow companies, probably the Foolish Four or a variation of it.

So, any suggestions on what combination of contributions I should make relative the 403b and Roth?
Should I max out on the 403b before opening a Roth? Or give priority to the Roth and then direct the remaining to the 403b? Can I even be invested in both?

Thanks in advance for guiding me through these fun and exciting dilemas, FOOL ON!
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