Oh wow! I always thought that Roth 401k was the best since you don't have to pay any taxes once you take the money out assuming it grew substantially. Thank you for letting me know!
So a better plan would be it seems to max out the traditional 401k, and then put 6k in the Roth IRA it seems, right?
DarkHorseWizard OP t1_jeaq9tl wrote
Reply to comment by kylejack in Can I open a Roth IRA account on my own and contribute 6k/year if I enrolled in my employer's Roth 401k? by DarkHorseWizard
Thank you! Yeah I will have to look into that. I already lost a year of tax savings not knowing all these info.