Coming soon - Get a detailed view of why an account is flagged as spam!
view details

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

1
Traditional 401k, Roth 401k, or split between both?
Post Body

Hello! I just enrolled in my company's 401k plan and they offer both a Roth and traditional 401k.

I'm new to investing and want to know if it is better for me to do a Roth, traditional, or split between the two.

Im 27, currently make 36k a year (paid hourly for 40 hours plus 7 hours overtime) pre-tax but I'm also paid commission based on store preformance, so on average I'd be making 50k-75k pre-tax.

Currently my company matches 3%, I contribute 7%.

I'm unsure what my tax bracket will be in the future, but in a set and forget mindset. The company uses vanguard and have been looking into either the vivlx or vtsax investment funds.

I appreciate any help!

Author
Account Strength
90%
Account Age
13 years
Verified Email
Yes
Verified Flair
No
Total Karma
1,810
Link Karma
900
Comment Karma
767
Profile updated: 3 days ago
Posts updated: 11 months ago
​

Subreddit

Post Details

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.
Posted
5 years ago