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Contribute to Roth IRA or 401k or both, and by how much?
Contribute to Roth IRA or 401k or both, and by how much? Firstly, I am a minor. I have a summer paid internship and my employer created a 401k for me, but I can also put it in my Roth IRA as well. I expect to be paid $8000 by the end of this summer (also the end of my internship and pay). I don't think my employer matches. Which should I contribute to(or both), and what percentage of my pay should I c...
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