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|Subject: Re: 401k||Date: 10/1/2012 9:56 AM|
|Author: trader2012||Number: 259368 of 275204|
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.
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