Depends on what your future earning potential looks like. 401k reduces taxable income, but Roth IRA is post-tax, so it's good to invest in that now while you're in a lower tax bracket if you think you'll move up into higher brackets throughout your career.
CafeEtKouignAmanns t1_iui5zp6 wrote
Reply to I’m 23 and starting my first job. I will be making a salary of $45K. Which do I invest first? Roth IRA, SEP IRA, or 401k? Also IUL, I don’t have any debt or payments. by Most-Construction412
Depends on what your future earning potential looks like. 401k reduces taxable income, but Roth IRA is post-tax, so it's good to invest in that now while you're in a lower tax bracket if you think you'll move up into higher brackets throughout your career.