{ "media_type": "text", "post_content": "Should I be maxing out my 401k? Currently maxing Roth and HSA and contributing to 401k to receive full employer match. I have about 20k that I was planning on investing in stocks/crypto/NFTs(?!) but now I’m rethinking my strategy….", "post_id": "61d50f6661bd0a003a6a5ea8", "reply_count": 10, "vote_count": 2, "bowl_id": "59064a3cb12379001006592c", "bowl_name": "Personal Investment Chatter", "feed_type": "bowl" }

Should I be maxing out my 401k? Currently maxing Roth and HSA and contributing to 401k to receive full employer match. I have about 20k that I was planning on investing in stocks/crypto/NFTs(?!) but now I’m rethinking my strategy….

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This is helpful, thank you!

Yes

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Yes, why pay more tax than you have to? Unless you need the liquidity/ flexibility, like you were going to use it for a house or car or vacation or something, you’d be better off either reducing your current tax (traditional) or letting it grow tax free (Roth).

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Yes. Yes. Yes.

Depends, what is your reason for not maxing?

If you plan to invest in stocks and hold until retirement then it’s silly not to get tax benefits of traditional/Roth IRA. But if you want to invest in stocks for more liquidity to save to buy a house or something like that then it’s logical.

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