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re: 401k - Putting in more than the company match pros and cons

Posted on 6/22/22 at 3:54 pm to
Posted by GoCrazyAuburn
Member since Feb 2010
35021 posts
Posted on 6/22/22 at 3:54 pm to
I would contribute to 401k up to the company match maximum, then max out an IRA, preferably ROTH IMO but personal preference, and then once that is done, increase 401k as much as you still can.
This post was edited on 6/22/22 at 9:34 pm
Posted by Im4datigers
Northern Virginia
Member since Oct 2003
4470 posts
Posted on 6/22/22 at 9:24 pm to
I get the Roth but if my tax bracket is higher now, wouldn’t a traditional make more sense? Or is having the Roth better as you don’t have to take RMD’s and pay taxes on those down the line?
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