noob question but whatbatebthe advantages of putting money in a roth IRA vs Roth 401k ? I have been investing in roth 401k and only recently heard about IRA.. should I be investing in it ?

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Roth 401K has the same 19k limit as traditional 401k, but also bound to the typically limited investment options you have with 401ks.

Roth IRA share the same 6k limit with traditional IRAs, but are open to more investment options that may have higher returns.

Otherwise, same difference between Roth and traditional.

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One big note is that for Roth IRAs, because you’ve paid taxes on the contributions already, you can withdraw the contributions penalty free! You can get the same advantage if you roll your Roth 401k over to a Roth IRA. This means your capital isn’t locked away until you’re 61 which is a huge advantage.

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Assuming the fees are similar, I would invest in the 401k Roth up until matching,ax out the Roth IRA, then contribute whatever is left in the 410k. Generally an IRA (either one) will give you more flexibility with your money. More fund options and you can just your financial institution.

There are several threads about Roth (401K/IRA) vs traditional (401k/IRA). No right or wrong answer but lots of advice

Roth’s are better. Mosts CPA’s recommend both to take advantage taxes when you get older

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