CompensationFeb 26, 2018
SAPLeetGod

Roth vs Vanguard for 401K

I am maxing my 401k investment to 6% of my salary for Max return. Can anyone tell which is better Roth IRA or Vanguard? Thanks.

Microsoft yMcg47 Feb 26, 2018

Huh? These aren’t mutually exclusive things

Microsoft MAGA! Feb 26, 2018

Hodor

Square jtodnek Feb 26, 2018

I think you're a bit confused. Here's something I posted a while ago: "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?"

SAP LeetGod OP Feb 26, 2018

Awesome Thanks 😀😀

Amazon sRjK11 Feb 26, 2018

I like vanguard and how they manage their 401k’s... super low fees so that’s good 👍🏽