2007-11-19 08:08:40 · 7 answers · asked by Penguin10 1 in Business & Finance ➔ Personal Finance
max it to what ever the company puts in and than the rest goes into a roth ira!!!
2007-11-23 06:12:39 · answer #1 · answered by Anonymous · 0⤊ 0⤋
The general rule of thumb is:
1) Max out the match on the 403b first (if any).
2) Max out a Roth IRA ($4000 for 2007, $5000 for 2008)
3) Lastly, contribute more to 403b up to what you can realistically afford.
2007-11-19 16:52:00 · answer #2 · answered by Wayne Z 7 · 0⤊ 0⤋
If you employer is contributing of course max out the 403B. Make sure it is being invested to get you the best return on your contribution.
2007-11-19 16:16:49 · answer #3 · answered by Diane M 7 · 0⤊ 0⤋
they both have tax benefits. if you can (financially max out your contribution) might as well go ahead and do that first. any remaining saving should go into the IRA next.
2007-11-19 16:12:47 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Just give it to me and you won't have to worry about a thing, lol I am just kidding. I wear a size 7.5 shoe!
2007-11-19 16:16:18 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Yes.
2007-11-19 16:11:32 · answer #6 · answered by dionysis96 2 · 0⤊ 0⤋
Can I borrow like $4,000?
2007-11-19 17:19:20 · answer #7 · answered by kam727 3 · 0⤊ 0⤋