Should I open a Roth 401(k)?
Context: am currently doing a summer internship. Have already maxed out 2026 Roth IRA with previous job during the spring. My employer allows us to open a 401(k) with them. The matching funds will only vest after 3 years so that won’t benefit me. I will be earning less than $48,475 for the calendar year. But would it make sense to open a Roth 401(k) to essentially increase the amount I can contribute to Roth this year? And once the internship is over roll over the funds to my IRA? Or should I do a traditional 401(k)? Or none at all, and if so what should I invest in? Any advice would be appreciated. Thanks!
u/IntentionBig226 — 4 days ago