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Old 09-12-2021, 10:10 PM   #11259
Buehler445 Buehler445 is offline
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Join Date: Apr 2007
Location: Scott City KS
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Quote:
Originally Posted by ThaVirus View Post
Sounds good and safe, thank you.



I've got a 401k. Right now I'm just doing the $6,000/year that is allowed. I save a fair bit more each year as well which is why I'm a little interested in parking some more cash in safe types of stocks.
Quote:
Originally Posted by ThaVirus View Post
My b. I did the same thing earlier in this thread.

I have a traditional IRA!

My company has an option for 401k but they don't match so it doesn't seem worth the hassle.
Couple things, if you're capping out the IRA and still looking to invest, do the 401K. It does not affect your IRA limit and has a 17K cap per year.

The other thing you can do is set up ROTH. That will give you another 6K limit. and Roth is probably smart for the under 50 crowd, which IIRC you are.
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