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09-02-2013, 08:23 PM
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Guest
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401k
some of yall have some take on econ that i can appreciate
how much yall put into to the company match to ur accnts like mines 3 to 1 auto vested pre-tax (obv) [3.00%] just curious as to how yall work ur sht @God Of War @oats @Aero |
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09-02-2013, 08:27 PM
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ghost in the matrix
Join Date: Apr 2013
Location: Covington, KY
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i play scratch offs
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09-02-2013, 08:33 PM
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Senior Member
Join Date: Jan 2014
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OH NEAT THEY LET THE JANITORS AT THE FREE CLINIC HAVE 401K
TELL US MOAR ABOUT UR IVESTING ENDEAVORS.
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09-02-2013, 08:36 PM
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I'M A MONSTER!
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Get your match. Put the rest in a Roth.
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09-02-2013, 08:49 PM
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#5 |
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Guest
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word @Cashius
its the pre-tax thing tho its like why not dump, but at the same time...idk i've been in this delema b4 and always just get match its like HSA in away...but i never used that sht so now i put like 150 in bc thats the min and the pre-tax thing kinda makes it a have to, but this is at least guaranteed i also got to have all my previous shts rolled into this one now, which is time consuming = / |
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09-02-2013, 09:04 PM
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Leave you flatlined.
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Huh? You get the company to match. A 401k is rather straight forward. Someone invest your money for you and you get tax incentives..
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09-02-2013, 09:15 PM
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09-02-2013, 09:18 PM
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HALL OF FAME
Join Date: Jan 2013
Location: portal 7 to the 9th exponent
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^^^^^
$heeit.
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09-02-2013, 09:20 PM
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Senior Member
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Lol. Nailed it.
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09-02-2013, 09:25 PM
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ghost in the matrix
Join Date: Apr 2013
Location: Covington, KY
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who the fuck is the meth head?
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09-02-2013, 09:28 PM
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Guest
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09-02-2013, 09:38 PM
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Senior Member
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401k ... thought this was another lottery thread ...
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09-02-2013, 09:38 PM
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I'M A MONSTER!
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Quote:
If you get a match on your 401k, just contribute enough to get the full company match, because it's free money. Any contributions above that should go into a Roth IRA. Unless you're contributing 10K or above for the year, the up front tax break you get in the traditional 401k won't be close to the benefit you get in the Roth where all growth and distributions are tax free. |
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09-02-2013, 10:33 PM
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Steel Cut
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I did exactly what Cashius is saying. Roth is a much more flexible/dynamic place to put your money, but make sure you get that 401k match (for me that was minimum 6%). Talk to whoever your 401k is with and see what your options are. Some jobs are way more straight forward than others.
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09-02-2013, 10:38 PM
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#16 |
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Guest
Posts: n/a
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Word right now I'm doing the min match
but n imma call fidelity (401k company) tomarow n inquire about options n roll over previous accounts |
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09-02-2013, 10:39 PM
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SOBER
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