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.

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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 👍🏽