• @droans
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    1 year ago

    If you don’t have an employer match, max out your IRA first. 401(k)s almost always come with fees while IRAs almost never do.

    Your priority should be:

    1. 401(k) up to the employer match

    2. HSA. No tax on income used to fund the account. No tax if withdrawal used for a medical purpose. After you turn 55, withdrawals are treated like a Traditional IRA/401(k). If you fund it via paycheck, no FICA either.

    3. IRA

    4. 401(k)