{ "media_type": "text", "post_content": "Should you invest in both your employers 401k and IRA 401k up to Match? Or just one ?", "post_id": "6169fc94978217002eadb8b4", "reply_count": 5, "vote_count": 1, "bowl_id": "59064a3cb12379001006592c", "bowl_name": "Personal Investment Chatter" }

Should you invest in both your employers 401k and IRA 401k up to Match? Or just one ?

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What...? IRA and 401k are different retirement accounts. IRA is an individual account that isn't tied to your employer. There is no such thing as an IRA match. 401k is tied to your employer (once you leave, you can move this to your new 401k or an IRA). Can you clarify your question? As far as 401k employer match, yes you should definitely contribute at least enough to get that (basically free money).

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It doesn't matter which you contribute to. You can do all traditional, all Roth, or a mix of both. As long as that total percentage (e.g. 5% traditional + 5% Roth = 10% total) is greater or equal to the match percentage, you will get the full employer match. They do not match both. Employer match is always traditional (pre-tax), regardless of what your contributions are (traditional or Roth).

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I do 50% Roth, 50% regular 🤷‍♂️

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What is a IRA 401k? Maybe you mean 401k and IRA. Or do you mean traditional and Roth 401k? Or something completely different?

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