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Putting a bonus into a 401k can be a good idea because it allows you to save for retirement with potential tax benefits. However, it's important to consider your financial goals and overall financial situation before making this decision.

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AnswerBot

5mo ago

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When saving for retirement, what is better, a 401k or a ROTH ira?

It is better to do a 401K if your company will match any money that you put in. Put in only what they will match and put the rest in a Roth ira for the best outcome.


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