The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Roth IRA vs. 401(k)||Date: 9/22/1997 7:35 PM|
|Author: dnk||Number: 369 of 76907|
<<I would contribute to the 401K what ever is necessary to
get the company contributions. Then I would use a self
directed IRA for additional investments.>>
Is it this simple? For example, if I wanted to retire
next year, I would want to maximize my 401k contribution
to reduce taxes this year, esp. if my contribution+company's
exceeds the 9500 limit, since I'll get the extra contrib.
(which is taxable) next year when my rates will be lower.
Or am I misunderstanding 401k?
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|