Quote:
Originally Posted by Kard63
Umm, if you arent going to dig in until you really retire is 401k better? pre-tax just sounds better.
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Depends on your situation.....cool thing about 401k is that you are not taxed on it NOW. So if you are putting lets say $500 bucks away each paycheck you are not taxed on that $500.........however, you are once you withdraw it. But great way to stash away money automaticlly. I started mine 12 years ago with 9% deposits and its six figures now.
Roth on the other hand is cool becasue the money is NEVER taxed. Since you already paid taxes on it.......
Keep in mind that there are income limits to the ROTH....I can't fund one anymore...but wish I could.......sweet deal...fund it while you can.
B