I recently switched employers and my new company offers a 401k plan but without a match. I had a 6% match at my previous job and rolled that 401k into an IRA with Vanguard.
My partner and I are earning above the income limit for a ROTH, so that’s sadly not an option. I also have a general brokerage investment account with Vanguard, where the money is roughly distributed between VOO, VGT and VTI.
My question is does it still make sense to put money into my new company’s no-match 401k, or should I rather just move that money into my brokerage account? Or do something else entirely?
original posted by NalaOnTheMove to r/personalfinance on Wed, 27 Mar 2024 15:36:13 GMT.