re: 401K/Roth401/Roth IRA Question

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First what is a Roth 401K? Second, whould I be better off taking say 5% of that 10% and putting it into a Roth account of some type? I plan on retiring in about 15 years. Thanks for the info.

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With your current 401k setup, your contributions are tax deductible. However, when you retire, you will have to pay income tax on your withdrawals.

With a Roth 401k, you contribute money with after-tax income. However, when you withdraw your money during retirement, you don't have to pay taxes on the earnings you accumulated.

Since you are 15 years from retirement, I wouldn't change anything. What you are doing is most likely just fine.