andresnunch andresnunch
  • 09-06-2020
  • Business
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4.  What happens if you need your money in either your 401K or Roth IRA at age 40?

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AfricanQueen15
AfricanQueen15 AfricanQueen15
  • 10-06-2020

Answer:

In many cases, a Roth IRA can be a better choice than a 401(k) retirement plan, as it offers a flexible investment vehicle with greater tax benefits—especially if you think you'll be in a higher tax bracket later on. ... A good strategy (if you can manage it) is to have both a 401(k) and a Roth IRA.

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