View Single Post
  #26  
Old 08-18-2007, 12:48 AM
Shoe Shoe is offline
Senior Member
 
Join Date: Jul 2004
Location: Follow me to riches!
Posts: 3,379
Default Re: 401k contributions: pre/post tax and roth.

[ QUOTE ]
Not to hijack, but I am in a somewhat similar position. Employer matches 6% to a standard 401k, I am currently contributing 10%. Would I be better off contributing this excess 4% to a Roth IRA?

[/ QUOTE ]

General rule of thumb: Invest just enough to maximize your employer's match, then max out your Roth IRA next. After that, you can either contribute more to your 401(k) or self-direct those funds elsewhere, whether it be individual stocks, real estate, something else. Each situtation is unique though based on your personal situation.
Reply With Quote