I apologize if this isn’t the right place for this. My question is in the title. Should I even consider opening an IRA before I am able to max out my 401k? I understand the tax benefits, but would it make sense to open it before I take full advantage of my 401k. It has 6% employer match and I’m currently putting 10% in my 401k until I finish paying off some small student loans.
original posted by Lower-Card-5791 to r/personalfinance on Thu, 29 Feb 2024 19:51:10 GMT.