david12795
david12795 OP t1_ja6d7c6 wrote
Reply to comment by longshanksasaurs in Help me understanding I am using my employer's 401K correctly. by david12795
thank you! ill have to login to my empower (my previous employer) and check to see what it was.
i came across employee pre tax and employee roth 401k when trying to change my contribution amount to 10 percent. for some reason, i got a little confused on what pre tax is, but then thats another word for traditional lol. it seems employee roth 401k is the way to go.
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but thanks for your suggestion, ill focus more on my IRA and then eventually work more on my 401k up to the limit (or as high as i can)
david12795 OP t1_ja65ppv wrote
Reply to comment by DaemonTargaryen2024 in Help me understanding I am using my employer's 401K correctly. by david12795
Thank you!
david12795 OP t1_ja61ey5 wrote
Reply to comment by longshanksasaurs in Help me understanding I am using my employer's 401K correctly. by david12795
I still have my 401k from my previous job. Do you personally recommend to keep it there or roll it to my Roth IRA or current employer 401k?
Thank you for your help! And I have seen that chart. Maybe I will increase my contribution. Is it better to focus on my employer 401k then Roth IRA? Even if I don’t plan on staying for two years?
david12795 OP t1_ja5zbeb wrote
Reply to comment by longshanksasaurs in Help me understanding I am using my employer's 401K correctly. by david12795
Thank you I will now.
david12795 OP t1_ja5za3t wrote
Reply to comment by Schrecht in Help me understanding I am using my employer's 401K correctly. by david12795
Ok I’ll continue to keep it at 7 percent!
david12795 OP t1_ja5y5u1 wrote
Reply to comment by DaemonTargaryen2024 in Help me understanding I am using my employer's 401K correctly. by david12795
Thank you! You answered one of my questions that I had. I will continue to contribute. Though I wonder if I should increase my contribution since I do have a Roth IRA with fidelity that’s kinda been neglected.
david12795 OP t1_ja5wdv8 wrote
Reply to comment by longshanksasaurs in Help me understanding I am using my employer's 401K correctly. by david12795
Thank you. So I won’t look into diversify my fund. However, now I have another dilemma I am really not sure if I’m gonna end up being there two years, so I wonder if there is a point in still continuing to contribute.
david12795 OP t1_ja5w9iy wrote
Reply to comment by BeeeeefJelly in Help me understanding I am using my employer's 401K correctly. by david12795
Darn. That is a little disappointing to hear. I wonder what I should do now, keep contributing or don’t contribute. I don’t see myself staying there for two years. Though I could be wrong.
david12795 OP t1_j6tpggx wrote
Reply to comment by little_milkee in [image] Basically we are at the end of January but this affirmation helped :) by david12795
Agreed!
david12795 OP t1_j6tpdud wrote
Reply to comment by ladylaserbeam in [image] Basically we are at the end of January but this affirmation helped :) by david12795
GOOD LUCK! You got this. Just remember, if you get nervous, just picture them naked, and not the other way around.
david12795 OP t1_j6qvaph wrote
Reply to comment by [deleted] in [image] Basically we are at the end of January but this affirmation helped :) by david12795
Happy cake day!
david12795 OP t1_ja7l5hd wrote
Reply to comment by longshanksasaurs in Help me understanding I am using my employer's 401K correctly. by david12795
This is very confusing 😫. I thought the general consensus was employee Roth IRA. I had just changed it last night. Ok I’ll read that again later. Hopefully I won’t get more confused lol