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Should I use a 401k and a Roth IRA simultaneously?
Should I use a 401k and a Roth IRA simultaneously? I have a roth IRA already and I add to it monthly. My work provides a 401k that matches up to 3%. I’m thinking about contributing 15% of my pay into it. Would that be counter productive? It compounds right? So would splitting my money into two different accounts be worse? I could put the extra 15% into my Roth IRA and ignore my 401k. I’m new t...
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