4. What happens if you need your money in either your 401K or Roth IRA at age 40?

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Taylor Morgan

3 August, 05:20

4. What happens if you need your money in either your 401K or Roth IRA at age 40?

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Swanson · Answer 1

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.