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re: Invest in Roth IRA or 401k - first job

Posted on 5/4/16 at 1:05 pm to
Posted by notsince98
KC, MO
Member since Oct 2012
18657 posts
Posted on 5/4/16 at 1:05 pm to
Depending on investment options, max out your 401k assuming you have a roth option in your 401k account. It will have the lowest costs most likely.

There are additional expenses with an IRA that probably aren't worthwhile when you are just starting.
Posted by TigerDeBaiter
Member since Dec 2010
10351 posts
Posted on 5/4/16 at 1:20 pm to
quote:

There are additional expenses with an IRA that probably aren't worthwhile when you are just starting.


What are you referring to here? Management fees on vanguard funds are usually a lot cheaper than your run of the mill 401k offerings.
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