No. of Recommendations: 0
I voted for the first option, but would suggest a couple of things:

1) Double check and make sure that the 5.75% front end load charge is charged for tax defferred accounts. My 401(k) plan has the Munder Index 500 fund as an option, but the front end load for the fund is waived for our 401(k) plan. By the way, is the front end load charged for every fund offered in the 401(k)?

2) If the 5.75% front end load is indeed being charged, I would consider contributing the 5% (in order to get the maximum match) but no more. Put the remainder you plan to invest in a Roth.

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