- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Roth 401k vs regular 401k
Posted on 3/4/10 at 11:53 am
Posted on 3/4/10 at 11:53 am
My company just started offering a Roth 401k. I have been putting my money in the regular 401k since I started working in 2006. What should I take into consideration when determining which 401k I should put my money in? Should I split it between the two? Any advice would be appreciated.
Posted on 3/4/10 at 12:06 pm to cdl2006
Roth 401k all the way if it were me. The advantages are huge with this.
Will the company still match the same percent to the Roth 401k? Are those dollars already considered post tax?
Will the company still match the same percent to the Roth 401k? Are those dollars already considered post tax?
Posted on 3/4/10 at 12:13 pm to cdl2006
Go with the Roth.
company match goes into the regular
company match goes into the regular
Posted on 3/4/10 at 12:19 pm to cdl2006
1. Put money in 401k to maximize company match
2. Put annual max in ROTH...if you can afford it
3. After ROTH is maxed out put more in 401k if you can
2. Put annual max in ROTH...if you can afford it
3. After ROTH is maxed out put more in 401k if you can
Posted on 3/4/10 at 12:22 pm to Jason9782003
quote:
1. Put money in 401k to maximize company match
2. Put annual max in ROTH...if you can afford it
3. After ROTH is maxed out put more in 401k if you can
that wasn't the question
Posted on 3/4/10 at 12:37 pm to Cash
quote:
that wasn't the question
quote:
Should I split it between the two? Any advice would be appreciated.
Doesn't sound like an either or question to me. Sounds like he can contribute to both and he's asking if he should split his contributions.
401k gives you pre-tax benefits. Lowers your taxable income and you probably get an employer match (free money)
ROTH - If the current laws remained unchanged your withdrawls won't be taxed
He should contribute to both to maximize benefits, not one or the other.
Posted on 3/4/10 at 12:39 pm to Jason9782003
He is asking about Roth 401k's vs. regular 401k's.
Not Roth IRA's.
Not Roth IRA's.
Posted on 3/4/10 at 5:30 pm to Cash
Just so I am clear, do Roth 401k contributions count against the yearly limits on Roth IRA contributions? Also, are there income limits relating to Roth 401k contributions?
I figure one of you personal finance geniuses can school me up.
I figure one of you personal finance geniuses can school me up.
Posted on 3/4/10 at 7:04 pm to CHElsu
No too both questions
However, highly compensated employees might be limited at your company on the contribution percentage in Roth 401k's just like in regular 401k's.
However, highly compensated employees might be limited at your company on the contribution percentage in Roth 401k's just like in regular 401k's.
Posted on 3/5/10 at 3:45 pm to Cash
I'm always confused over this.
So I'm just gonna guess.
single, head of household...
401k maximum pre-tax contribution - 16,500
Roth IRA or Roth 401k max contribution - 5,000.00
Is this right?
So I'm just gonna guess.
single, head of household...
401k maximum pre-tax contribution - 16,500
Roth IRA or Roth 401k max contribution - 5,000.00
Is this right?
Posted on 3/5/10 at 3:54 pm to AUFanInSoCal
quote:
single, head of household...
401k maximum pre-tax contribution - 16,500
Roth IRA or Roth 401k max contribution - 5,000.00
Is this right?
Not exactly.
assuming under age 50
401k and Roth 401k combined max contribution- $16,500
traditional and Roth IRA combined max contribution- $5,000
Popular
Back to top
Follow TigerDroppings for LSU Football News