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Author: investinginstuff Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75335  
Subject: Re: Taxable v. Non-Taxable Date: 3/28/2005 10:28 AM
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How much do you expect to have in your 401(k) when you retire? Will you have enough so that you can live off that money without touching your IRAs?

Are you getting a deduction for the money that you are putting into the Traditional IRA? If not, then why would you want to take money that you have already paid tax on and invest it in something that you will have to pay taxes on again in the future?

If it were me, I would consider fully funding two Roth IRAs, then max out the 401(k).

JLP

http://AllThingsFinancial.blogspot.com
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