Is it better to invest in Roth IRA or 401k?

+1 vote
asked Mar 13 in Investing by Foxrox (430 points)
Is it better to invest in Roth IRA or 401k?

Which is better to invest in a Roth IRA or a 401K?

1 Answer

0 votes
answered Mar 15 by Prigen (3,560 points)
It's much better to invest in a Roth IRA instead of a 401 K since a Roth IRA is much more tax efficient than a 401 K.

The best benefit you get from investing in a Roth IRA is you don't pay taxes on the Roth IRA when you withdraw the money at retirement.

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