Comments on: The Terrible Truth About the 401(k): PART II http://ybpguide.com/2007/10/11/the-terrible-truth-about-the-401k-part-ii/ Young Black Professional Guide Thu, 18 Mar 2010 15:27:12 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Blackbird http://ybpguide.com/2007/10/11/the-terrible-truth-about-the-401k-part-ii/comment-page-1/#comment-5318 Blackbird Thu, 08 Jan 2009 13:12:16 +0000 http://ybpguide.com/2007/10/11/the-terrible-truth-about-the-401k-part-ii/#comment-5318 Why not just evenly distribute among the two? Put an adequate amount in your 401(k) so you get the matching contribution but contribute an amount to your Roth IRA so that over time you have that tax free amount availible at retirement. Why not just evenly distribute among the two? Put an adequate amount in your 401(k) so you get the matching contribution but contribute an amount to your Roth IRA so that over time you have that tax free amount availible at retirement.

]]> By: freedough http://ybpguide.com/2007/10/11/the-terrible-truth-about-the-401k-part-ii/comment-page-1/#comment-2366 freedough Fri, 12 Oct 2007 21:56:31 +0000 http://ybpguide.com/2007/10/11/the-terrible-truth-about-the-401k-part-ii/#comment-2366 I'm not sure I'm interested in letting go of the free money my company matches if I contribute. I’m not sure I’m interested in letting go of the free money my company matches if I contribute.

]]> By: Fredric http://ybpguide.com/2007/10/11/the-terrible-truth-about-the-401k-part-ii/comment-page-1/#comment-2362 Fredric Fri, 12 Oct 2007 20:22:11 +0000 http://ybpguide.com/2007/10/11/the-terrible-truth-about-the-401k-part-ii/#comment-2362 woohoo! roth 401k's! i gotta get me one of these! <a href="http://money.cnn.com/2007/10/05/pf/retirement/cash_from_401k.moneymag/index.htm?section=money_pf" rel="nofollow">http://money.cnn.com/2007/10/05/pf/retirement/cash_from_401k.moneymag/index.htm?section=money_pf</a> woohoo!

roth 401k’s! i gotta get me one of these!

http://money.cnn.com/2007/10/05/pf/retirement/cash_from_401k.moneymag/index.htm?section=money_pf

]]> By: UMO http://ybpguide.com/2007/10/11/the-terrible-truth-about-the-401k-part-ii/comment-page-1/#comment-2359 UMO Fri, 12 Oct 2007 18:35:20 +0000 http://ybpguide.com/2007/10/11/the-terrible-truth-about-the-401k-part-ii/#comment-2359 Just a point of clarification. You DO have to worry about how much you take out of your I.R.A. The only tax-free, penalty dollars that you can take out are your own contribution dollars. In earnings in the account will be taxed and penalized if taken out early unless the withdrawel is exempted. Just a point of clarification. You DO have to worry about how much you take out of your I.R.A. The only tax-free, penalty dollars that you can take out are your own contribution dollars. In earnings in the account will be taxed and penalized if taken out early unless the withdrawel is exempted.

]]> By: The Terrible Truth About the 401(k) | Young Black Professional Guide http://ybpguide.com/2007/10/11/the-terrible-truth-about-the-401k-part-ii/comment-page-1/#comment-2347 The Terrible Truth About the 401(k) | Young Black Professional Guide Thu, 11 Oct 2007 19:51:26 +0000 http://ybpguide.com/2007/10/11/the-terrible-truth-about-the-401k-part-ii/#comment-2347 [...] And stay tuned for some low cost alternatives! Part 2 [...] [...] And stay tuned for some low cost alternatives! Part 2 [...]

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