TLDR: Have supplemental income post expenses. Is maxing current employer 401k to federal limits the next step?
I think have followed the basic principles on saving and have been maxing all tax advantaged accounts except current employer 401k (only contributing up to employer match and then some, but not to federal limits, $23k). Some say to continue ramping up investment until at least 15% of income is going towards that account, but that seems to be all-inclusive of HSA, ROTH IRA, other forms of pre-tax accounts, etc.
No debt except mortage. HSA, maxed. 401k current employer maxed to company match (though not up to federal limits). ROTH IRA, maxed.
I do not have an IRA, but currently do not see reason to open one since I am still eligible for ROTH. I thought about ROTH 401k, but only contributed a miniscule amount.
What other forms of investments are available or should I see if I have additional surplus after maxing out the 401k to federal limits?
Submitted July 27, 2024 at 07:35PM by Due-Pay4344 https://ift.tt/cmSjAXP
