Early Retirement & Financial Independence Community - View Single Post - New Company has no 401K

chinaco · 08-22-2007, 07:08 PM

Hopefully the other aspects of the job are great. Do they have a pension? If not, consider other employers.

Some thoughts if you take the job.

If you qualify for a tax deferred tradiational IRA, use that vehicle. Otherwise, Do a Roth IRA to the max.

Put the rest in tax efficient (after tax) mutual funds.

Whatever you do, continue the disciplined saving and investing.

08-22-2007, 07:08 PM	#8
chinaco Thinks s/he gets paid by the post Join Date: Feb 2007 Posts: 3,052	Hopefully the other aspects of the job are great. Do they have a pension? If not, consider other employers. Some thoughts if you take the job. If you qualify for a tax deferred tradiational IRA, use that vehicle. Otherwise, Do a Roth IRA to the max. Put the rest in tax efficient (after tax) mutual funds. Whatever you do, continue the disciplined saving and investing. __________________ Planned FIRE Summer 2011 Disclaimer: I make no warranty or guarantee about the accuracy or completeness of this information. I am not a financial planner, my comments only represent my opinion.