I am starting a new job at new employer in North Carolina and they offer a mandatory retirement plan, either the TSERS or ORP. They also offer supplemental retirement options which I also plan on taking advantage off including 403b and 457b.
I'm going to be going with the ORP which has a minimum mandatory contribution of 6%.
I need advice on what to do beyond that. Do I contribute more than 6% to the ORP, or do I contribute to one of the supplemental plans like 403b or 457b. Or do I start my on IRA.
Looking at the supplemental plans like the 403b and 457b, there doesn't seem to be many differences, so I don't know which one to prioritize.
The ORP, 403b, and 457b are all through Fidelity, so I assume the fund expense ratios are the same.
I am currently in my late 20's and have ~ 40k in my 401k. IF there are other questions I can answer to help with advice, I will be happy to.
Submitted August 18, 2017 at 07:28AM by overwhelmedaway http://ift.tt/2uWDtsi
