first time setting 401k at work

Planning

first job that offers 401k, while configuring the settings it came out these 2 questions and I guessed and finished the application. now a month it would be $1080. half in roth half 401k

it seems I setup a roth and 401k at the same time. at almost 40 I know am late but should I reduce the roth for the 401k or cancel Roth and move all to 401k?

if I understand correctly 401k is pretax so it would be better now to put money in it and in 20 years roll over to roth ira?

correct me lol

Posted Jun 8, 2021, 1:37 AM UTC

28
Loading comments…