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A comment on Americans Are Putting Billions More Than Usual in Their 401(k)s. Parent comment

Re:Americans Are Putting Billions More Than Usual in Their 4... by saryant on Thursday January 05, 2017 @12:58PM (#13329529)
My 401k has better funds than I could ever get in my IRA. Yes, many 401k's have terrible fund choices but by no means do all of them fall prey to that.

Also, if you're maxing out both your IRA and 401k limits, even if you have a lousy 401k, you now have tax-advantaged dollars that you can roll over to Vanguard or Fidelity when you change jobs.

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Re:Americans Are Putting Billions More Than Usual in Their 4... by curiousbiped on Thursday January 05, 2017 @01:22PM (#13329783)
It sucks that we have to use our employer's 401k vendor. We should be able to have our 401k contributions sent to any valid 401k provider like Vanguard/Fidelity/etc instead of only being able to move it when we switch jobs.
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Re:Americans Are Putting Billions More Than Usual in Their 4... by avemg on Friday January 06, 2017 @02:34PM (#13339426)
Why do you think the funds in your 401k are better than you could ever get in your IRA? You can open an IRA account anywhere you want. If the funds available where you are now aren't good, just move somewhere with better choices.
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