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As an immigrant working in the US, I wasn't sure whether I should invest using my employer sponsored 401k or an after-tax brokerage account.

It's a no-brainer to invest in the 401k to atleast get the employer match. It's also a no-brainer to use a tax-advantaged account if you expect to be here in the US until 65. However, as an immigrant on a worker visa I don't know if that's my case.

So I built a webapp to compare the returns from investing the same amount of pre-tax money using either types of accounts: 401k-helper

The code is available here: https://github.com/earankyk/401k_helper

Feel free to hack on it!



Submitted April 26, 2020 at 07:13PM by earankyk https://ift.tt/3aFrAeb

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