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re: 401K/Roth401/Roth IRA Question

Posted on 2/5/12 at 1:44 pm to
Posted by cdl2006
SCP
Member since Nov 2007
312 posts
Posted on 2/5/12 at 1:44 pm to
Is there any benefit to putting it in to a Roth IRA instead of the Roth 401k? The only difference I could see is that you have more investment choices with the IRA. Am I missing something?
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26586 posts
Posted on 2/5/12 at 1:47 pm to
More investment choices plus it is easier to withdraw your money. Actually you can withdraw the principal at anytime penalty free from a Roth IRA. Not sure if the same applies for a Roth 401k, but it would take longer to get out in the event of an emergency.
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