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Subject: Contributions

Author:
Tony

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Date Posted: 17:24:53 12/04/12 Tue

Evan, I recommend diversifying your 401k contributions between Roth and Traditional. My financial planner said that anything above what your company matches should be worth considering going into a Roth. So in your case your additional 5%. These are for the reasons Joe quoted regarding expected retirement level income taxes. Regarding your investor, see what their fees are compared to some of the funds available in your 401k.

Joe, what are you using for your Roth IRA? Also why did you pick Nevada for the 529? I have PA because the contributions are deductible from my PA income tax. It's not a lot but it's something. Also what type of investment did you get? Prepaid or savings? My kids' plans are prepaid indexed by state schools.

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