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Just one additional comment -

You'll almost always see people advise that you max out your IRA in these situations because it gives you more control. That is generally good advice.

However, it comes with one caveat - IRAs may not be protected from creditors in the event of your bankruptcy (it depends on the state). However, funds in a 401(k) plan (in all states) are protected in a bankruptcy. That is probably not an issue for Fools, but it is at least a consideration. You don't know what the future will bring and you don't want to have all of your retirement funds at risk if you get sick and can't pay the bills, or run into some other unfortunate scenario.
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