The Motley Fool Discussion Boards
Fool Community Help Desk / Ask A Foolish Question
|Subject: Re: 401k||Date: 10/1/2012 9:56 AM|
|Author: trader2012||Number: 259368 of 263475|
The general advice which I agree with is
(1) to contribute to your 401k up to get the maximum employer contribution,
(2) then contribute to a Roth IRA if eligible to its max,
(3) then continue contributing to the 401k,
(4) and then to a taxable account.
That's an excellent summary of the allocation steps, way better than what I said, that puts a would-be investor into a good position to maximize his/her capital appreciation with the least present (and maybe future) impact from taxes.
|Copyright 1996-2013 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|