talk about legitimate ways of sheltering money

[lookout123]

Originally Posted by glatt

I'm funding my 401K enough to get the full match, plus an additional couple percent. Are you saying it's better to put that additional couple percent into a Roth instead?

edit: I acknowledge receipt of all the disclaimers, etc.

the questions you need to ask yourself are:
1) Do I really need the tax deduction on a couple thousand this year, or would i rather have that money grow tax-freeeee forever more?
2) Do you have better (more) investment choices available to you inside of your 401K or in your Roth?
3) Do you like having the money unreachable in your 401K or would it be comforting to know you could get at it penalty free in case of an emergency.

I can't give you the answer, but those are the questions I would ask you if we were speaking privately.