My company offers us to work through the website Principle to start a 401k or Roth IRA.
Even though I’ve done research, I’m still totally confused.
I make 52,000 a year, and the website says I’m only able to put in max $100 a pay check, Which is fine with me. The company matches 6%
Not sure which is better, or do I have both? I’m leaning towards a Roth IRA, but to be honest I don’t know what I’m getting my self into.
- Roth IRA or 401K
- through this website, does my company automatically match it? How does matching work?
- Am I able to put in random despairs into my Roth IRA or 401k? Like if I got a birthday check for 100$ am I able to just deposit that into the account? If not, why?
Thank you!!!!! Any advice or resources would be great!
Submitted July 07, 2020 at 09:10PM by ragingtony https://ift.tt/2VYnklx
