Friday, February 24, 2006

Roth or 401K - Which is Better?

Q: I am trying to decide if opening and contributing to a Roth IRA would be a better option than contributing over and above what my company matches in my 401K.

A: Ideally, it’s best to max out both your 401K and Roth IRA accounts; the more you can save for retirement the better. However, for many people this is not possible, so the question then becomes which account should I invest in first?
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http://www.msfinancialsavvy.com/article.php?aId=115

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