Roth vs Vanguard for 401K

SAP / Eng LeetGod
Feb 26, 2018 5 Comments

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.

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TOP 5 Comments
  • Microsoft / Mgmt
    MAGA!

    Microsoft Mgmt

    BIO
    RTFM!
    MAGA!more
    Hodor
    Feb 26, 2018 0
  • Square jtodnek
    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?"
    Feb 26, 2018 1
    • SAP / Eng LeetGod
      OP
      Awesome Thanks ๐Ÿ˜€๐Ÿ˜€
      Feb 26, 2018
  • Microsoft
    yMcg47

    Microsoft

    BIO
    Amicitiae nostrae memoriam spero sempiternam fore
    yMcg47more
    Huh? These arenโ€™t mutually exclusive things
    Feb 26, 2018 0
  • Amazon sRjK11
    I like vanguard and how they manage their 401kโ€™s... super low fees so thatโ€™s good ๐Ÿ‘๐Ÿฝ
    Feb 26, 2018 0

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