Re: No match 401K vs Roth IRA
I'm in a similar situation in that my job offers a no-match 401k and a pension. With my poker income, I figure it makes sense to invest as much as possible now while I'm single and can easily do it. So, I'm 25 and putting 400 a paycheck in (will be 500 next quarter). It's about a $4000 tax savings and will be well worth it in the end. I also think this will be the first year I do the Roth IRA. I have a Merryl Lynch guy...do I just call him and tell him to set this up for me an invest in what he thinks or how would you go about it?
Jeff
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