I am maxing my 401k investment to 6% of my salary for Max return.
Can anyone tell which is better Roth IRA or Vanguard?
"I think a lot of the confusion is coming from the terminology.
There are two investment vehicles: 401k (max contribution $18.5k) and IRA (max $5.5).
Each of these come in two flavors: Traditional (using pre-tax funds) and Roth (use post tax).
For some reason people mistakenly refer to an IRA as a "Roth".
A Backdoor Roth IRA is depositing post-tax funds in a Traditional IRA (because you are over the income limit to deposit in a Roth IRA) and then converting that to a Roth IRA, effectively bypassing the income limit."
To supplement, Vanguard is a company. They provide access to and manage 401ks and IRAs. In essence you have asked "I am maxing my savings account, which is better between a checking account and Bank of America?"