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Showing posts with the label 401kvsroth401kdaveramsey

Comparing 401k vs Roth 401k: A Guide to Investing in Fidelity 401k Plans

If you want to save for retirement or financial independence then you should be investing in a retirement account . There's many retirement accounts out there, but in this video I'll break down a 401k vs Roth 401k. I'll also explain the difference between a 401k and Roth IRA, and the order of accounts you should be investing in between a 401k, Roth IRA and taxable brokerage account. At the end I walkthrough how to look at the funds available in your 401k and how to select the best ones. I do this through a Fidelity 401k, but the process in selecting funds is the same no matter the company holding your 401k. 0:00 Video Breakdown 1:19 Traditional 401k vs Roth 401k 4:45 Which one is better 8:10 401k, Roth IRA, Taxable Brokerage Order 10:54 Selecting the best investment in Fidelity 401k ▼ ▽ WATCH NEXT! Vanguard Roth IRA Guide | The Only Stock You Need To Invest In | Stock Market Investing for Beginners Series | ▼ ▽ Below are products I personally use and recomme