Apologies for a rather basic question. I’m 30 and just started to investing this year. I have 12k invested post- tax in Pwc’s plan. I just learned that this is not a Roth IRA. So I’m trying to open a Roth from E-trade. Is that a good place to do it? Also can someone please help clarify my understanding on this. So the best route for me is to max out pre-tax 401k to get employer match and the rest should go to Roth (19.5 k per year) right? Once I have my money in Roth, is it pretty simple (cont)

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I just learned that you can mega back door Roth for post tax contributions at PwC (total max contribution to 401k can be 58k, typically 19.5 is pre tax the rest can be post tax). You can convert post tax contributions to a Roth from there so you should be in good shape. Might want to call the benefits line to specify logistics.

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Thank you! This is super helpful and I will call them next week

The max you can put in a Roth IRA is $6k per year. If your employer has Roth 401 contributions as an option, then you can put another $19,500 in that - or you can split it and do part Roth 401 and part traditional 401 to total $19,500 together - or all do all traditional 401k. The best split depends on your age and income.

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Thank you so much for clarifying that

Simple to manage? I just need to pick a couple of funds to put the money in right?

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