Guys I am currently putting in 12% to my 401k. My employer matches me $ for $ up to 6% for a total of 18%. I raise it 1% every year when I get my raises.
Lately I have been wondering if there is something better I could do with the 6% they are not matching, like a Roth IRA. I know the 401k is pre tax and Roth is post tax.
Real question is should I keep going on the compounding interest of my 401k plus the return, or are IRA’s generally a better return.
Any other suggestions?
Lately I have been wondering if there is something better I could do with the 6% they are not matching, like a Roth IRA. I know the 401k is pre tax and Roth is post tax.
Real question is should I keep going on the compounding interest of my 401k plus the return, or are IRA’s generally a better return.
Any other suggestions?
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