The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Planning for 2013||Date: 3/9/2013 11:58 AM|
|Author: CABob||Number: 118010 of 124834|
I just got a new job, and the company does not match 401k. Should I still put money into the 401k, or just put my money straight into a Roth IRA?
Yes. I mean do both if you can. Even without an employer match a 401k has value due to the "painless" contributions and tax deferral.
If you must make a choice between the 401k and an IRA I would probably choose the IRA (either Roth or traditional).
Also, what do I do with the 401k from my previous employer?
Roll it over to an IRA.
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