goals^n^dreams
Level 2 Member
I have heard that people contribute max out 401k (company matching), then they max out Roth IRA (5.5k). Why they dont put the 5.5k from Roth IRA in 401k? I really dont see any benefit between 401k and Roth IRA even though I currently have both. Am I missing something about 401k and Roth IRA?
My info:
I have contributed after tax for 401k and Roth IRA. I have JH Retirement Fund 2050 Managed Port for 401k, and Target Retirement Fund 2050 at Vanguard for my Rorth IRA.
I still dont see any benefit or difference between 401k and Roth IRA.
My info:
I have contributed after tax for 401k and Roth IRA. I have JH Retirement Fund 2050 Managed Port for 401k, and Target Retirement Fund 2050 at Vanguard for my Rorth IRA.
I still dont see any benefit or difference between 401k and Roth IRA.