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Calculating Retirement Contributions Between 401K & Roth IRA

So you know how much you want to contribute to retirement. But how do you split it between different retirement vehicles to get there? Today I'm sharing how we make these calculations to determine our annual retirement contribution amount. Budget Template: Budget Breakdown Course: Budgeting For Baby course: Budgeting For Baby workbook: ... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA When it comes to retirement planning , one of the most important decisions you can make is how to allocate your contributions between a 401K and a Roth IRA. Both of these retirement accounts offer tax advantages and can help you reach your retirement goals. However, it is important to understand the differences between them in order to make the best decision for your individual situation. A 401K is a retirement savings plan offered by employers. It allow