Planned Manswers: Should I max out my IRA, 401(k) & Roth?
By The Editors

Rememebr, a good 401(k) or retirement account isn't supposed to be a savings account...

Planned Manswers: Should I max out my IRA, 401(k) & Roth?


Here's a rule to tattoo on your knuckles so you don't forget...

When the IRS offers you money tax-free, take it.

Hey PM, I’ve got a problem.

When I ask Google for this:

What I get is this:

But I don’t want 36 million results in .80 seconds! I just want you to tell me what I need to know!


1. First, you need to know this: The simple, yet fundamental, difference between an IRA, a 401(k) and a Roth. Click here to find out more.

2. Now apply this rule first. Take the free money from your employer. Click here to find out more.

Simple rule: Take the tax-free money from the IRS.

3. And then apply this rule: Take the tax-free money from the IRS. Click here to find out more.

4. Rinse, repeat. Every year. For the rest of your life. Why? Because as this article explains:

Not Maxing Out Your 401(K) Or IRA Contributions Is Just Outright Stupid.”

Okay, PM, what else do I need to know?

These are the best places to go to open an IRA and Roth, according to Forbes and US News and Money:

All three publishers
Two publishers
One recommendation:
Charles Schwab
Ally Invest


American Funds
Equity Trust Company
Interactive Brokers
Merrill Edge
Northwestern Mutual
Personal Capital


One last note: PM’s Advertising Disclosure

When it comes to transparency, you can always count on us here at Planned Man to give it to you.

Here’s our policy on advertising and advertisers:

Our hope is that if PM does the homework for us all, you’ll click on the affiliated links that connect you to purchasing products. It’s a means of attaining happiness for all of us: you’ll enjoy the products you choose and we’ll eat. This is how we’ll cover the costs of answering our challenges at scale. Plus, you have our word: your choice will yield a value to you equal to or greater than its value to us.