A Detailed Comparison Between Roth IRA And 401(K)
The Roth IRA and 401(k) are two of the most popular retirement accounts.
Choosing which strategy is best for your circumstance can be a tough decision.
The first significant difference between investing in a Roth IRA versus a 401(k) plan is how you go about making contributions.
With a Roth IRA, the onus is on you to open the account (usually at a popular online brokerage company's website) and then fund it.
With a 401(k), contributions come directly from your paycheck through your employer's payroll system.
New employees usually elect 401(k) plan contributions to complete benefit enrollments.
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