asked

I am deciding between investing in a Roth 401k vs a taxable brokerage account after maxing out my 401k. I understand that a Roth 401k offers tax-free growth and flexibility, but I am unsure if it's strictly better than a taxable brokerage account for non-retirement purposes like saving for a home purchase or child expenses. Is my understanding accurate, and can I use a Roth 401k for these purposes?

May 23rd, 2024

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