Is the Roth IRA better than the 401(k)? Let’s compare the top benefits of each!
Have a question for the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit or call 574-247-5898.
Find more information about the Wise Money Show™ at
Be sure to stay up to date by following us!
Facebook –
Instagram –
Twitter –
Want more Wise Money™?
Read our blog!
Listen on Podcast:
Subscribe on YouTube:
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results….(read more)
LEARN MORE ABOUT: IRA Accounts
TRANSFER IRA TO GOLD: Gold IRA Account
TRANSFER IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Backed IRA
This video does more to confuse the topic than clarify. Both 401k and IRA have Roth options. Every 401k I’ve seen has the option to buy individual stocks (though some surely don’t). And income limits on Roth IRA are a formality that’s easily circumvented with one extra step.
Meanwhile, 401k has matching, better protection from creditors, and isn’t in the crosshairs of legislators like Roth IRA is. And you can always rollover Roth 401k to Roth IRA, but the reverse is not true.
The answer to the question of which one to use is “both”, if you can. It’s a question of priority – maximizing employer-matching in 401k should be the first goal.
As someone who wants to retire early (like early 50s) where should I put some money to bridge the gap between ages 50 and 59.5?
1st! Mike it's in this order! 1 Roth, 2 HSA & 3 pre-tax plans.