- 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
re: Company doesn't offer any retirement benefits, what to do?
Posted on 8/20/13 at 10:46 pm to LNCHBOX
Posted on 8/20/13 at 10:46 pm to LNCHBOX
quote:
My fiancee is about to start her first post college job, and the company doesn't offer any 401k match, etc. I'm not accustomed to this, so what should we do to save for her? Are there options to put pre tax dollars in? Yes, I know this is an incredibly noobish question, but I trust this place more than google. Thanks.
A tradiational IRA is almost identical as far as tax.
THough you might think of a Roth instead. You pay the taxes up front instead of at withdrawal - but it has the advantage that after 5 years you can withdraw the principle penalty free.
2
Posted on 8/21/13 at 7:49 am to MexicoTIger
Thanks everyone. At this point I'm leaning towards Roth, seeing as we will most certainly be higher up the tax bracket later in life.
Posted on 8/21/13 at 8:04 am to MexicoTIger
quote:
THough you might think of a Roth instead. You pay the taxes up front instead of at withdrawal - but it has the advantage that after 5 years you can withdraw the principle penalty free.
You can withdraw the contribution of principle at any time with no penalty.
It's why some recommend using your Roth as your emergency fund.
You are thinking of rollover conversions into a Roth.
This post was edited on 8/21/13 at 8:05 am
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News