Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

The No-Brainer Retirement Account I'd Choose Way Before a 401(k)


When I first started saving for retirement nearly a decade ago, my employer's 401(k) seemed like the logical place to start. But my company didn't match contributions.

I only had a couple hundred dollars a month to invest. So for me, the choice was simple: I'd skip the 401(k) and invest in a Roth IRA instead.

Of course, if I'd gotten a company match back then, I would have prioritized my 401(k) to get every dollar I could out of my employer. But since we were talking about unmatched contributions, the Roth IRA was the clear winner. Here's why choosing a Roth IRA over an unmatched 401(k) is a no-brainer.

Continue reading


Source Fool.com


Comments