Hi guys am 34 years old, just started investing. This community is awesome, I often curse myself for the blissful ignorance for the last 10 years. It’s a late start, better late than never I guess. I need help understanding which is better ROTH or 401k. I currently allocate 5% of my annual salary (about 5 K) to 401K as my employer matches it. This year when I get a raise of 3% I am planning to up the 401K to 8%. I wanted to understand if I should instead send the money to ROTH. Can you please guide me ?
Submitted July 22, 2018 at 09:53AM by gotnoid https://ift.tt/2A2Ph3a
