Skip to main content
No. of Recommendations: 0
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).
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.