The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Roth IRA question Date:  10/21/2001  6:35 PM
Author:  TruthSpreader Number:  32267 of 90427

If your employer doesn't contribute to your 401K plan, you would probably be better maxing out a Roth IRA first, then putting any left over retirement savings you can afford in the 401K plan. The Roth is a tax free account forever one you have paid regular taxes on the money you contribute and don't take distributions prior to age 59 1/2.

As for which should be a risker investment, I'm not sure. The Vanguard Index 500 fund though would be a good choice for either one or both.

You can open a Roth virtually anywhere, but directly with a mutual fund company is probably the cheapest.

Good Luck,


Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us