401K or IRA

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Hi Guys, The company I work for has a designated 401K but they don't match(its a contracting company). Even though they don't match one benefit I see is I can contribute the money pre tax which is still a good thing. Should I open 401 K or go for Roth IRA or Traditional IRA ? Thanks

fakeaccount · Sep 16, 2019 10:22 AM · 9,895 views

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Open 401, its better for you since its pre-tax for now. You can also do roth separately through Vanguard or any other firms, if you have more money to put besides the 401.

maxpayne · Sep 16, 2019 11:08 AM

Okay thanks maxPayne

fakeaccount · Sep 16, 2019 12:05 PM

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