If I'm maxing out my roth 401k contributions, what's the next step? Should I be putting money into index funds (like Vanguard VOO) now?

likehelpful
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Maxing out an HSA

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You maxing out your 401k and Roth ? Next would be HSA account. Then brokerage account

likehelpful

Rolling the pre-tax is taxable on the full amount. I wouldn’t do that - just roll the after tax account - only the earnings are picked up in taxable income.

You can convert to Roth 401k if you prefer, same thing. I have a sight preference to have more investment choices.

smarthelpful

General recommended order is max out employer 401k match - max out IRA - max out HSA (if available) - max our 401k - contribute to taxable accounts

likehelpful

I agree with Analyst 1. Then periodically (ever year or every other year), you can do a mega Roth conversion from the 401k after tax to 401k Roth. That will lock no future taxes on those funds in the Roth (vs in the after tax accounts there’s no tax while in the plan, and the original basis is tax free because you were taxed at time of contribution, but you pay ordinary income tax on all gains that have accreted).

likesmart

Agreed with others about IRA and HSA, but check if your employer offers After-tax 401k. This is not the same thing as a Roth 401k

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Many failed to mention, but if you plan to have kids in the future, 529 plans can also be considered as well. I believe most states offer it. 529 is tax deferred for transfer to beneficiaries of your choice for qualified education expenses. The beneficiaries can be anyone, but I supposed I wouldn’t have just gifted that to anyone but my own children or family members.

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Do pre-tax 401k and then do after tax contributions instead.

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