- Joined
- Oct 7, 2014
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I was always under the impression that Roth IRA is the way to go during residency since the salary during residency is low and thus the taxes you pay now will be lower than in the future, however, one of my co-resident brought up to me that he is doing the Roth 401k instead of the Roth IRA because it is also post-tax contribution but he is also able to contribute more than the $6k limit per year (limit is $19.5k since it is a 401k.) Does anyone know of any pros/cons to choosing Roth 401k instead of Roth IRA? I did an extensive search online and could not find any clear reasons. Thank you in advance!