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Author: bobbyt111 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 74816  
Subject: High MAGI => Increase 401k contribution? Date: 3/20/2005 5:18 AM
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I have a high MAGI which effectively eliminates IRA or Roth IRA elegibility. (well actually I was able to contribute $1700 for 2004, but I foresee that for 2005 I will top $110k for my MAGI making me ineligible for contributions).

So question I have is that it seems that my only tax friendly retirement investing account is my 401k. For retriement saving, does it make sense to put as much as I can into the 401k and choose among the 12-13 fund choices I have there? Or to do some retirement investing in a taxable account? (eg. individual investing account at fidelity in my case).
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