Submitted by gadorg t3_10pgkze in personalfinance
gadorg OP t1_j6kzsko wrote
Reply to comment by alwayslookingout in Contribute raise amount to 403b or Roth 403b? by gadorg
When you say traditional 403b, is that my existing 403b through my employer? Or a completely separate one I would open through a provider (Vanguard, Fidelity, etc)?
alwayslookingout t1_j6l20uh wrote
Your employer’s. It’s the same thing as the 401K. You can’t just open a 403b/401K on your own unless you own a business.
gadorg OP t1_j6l6kn0 wrote
Okay, that's what I thought you meant. Thanks, I'll go ahead and increase my existing contribution to my employer 403b. Is there a reason why that's a better way to go than increasing my contribution to my employer Roth 403b (after tax money)?
Viewing a single comment thread. View all comments