Team Members Team 6. James Ayoub Michael Pan Melissa Sy James Traylor. 401K vs. Roth IRA. Introduction Project Outline Results Conclusion. 401K Tax-Deductible Contribution limit is $15,500 Withdrawals are fully Taxable. Roth Ira Non Tax-Deductible Contribution limit is $5000
From our default assumptions our analysis concludes that the 401K is a better plan than the ROTH IRA.
(great for tax rates)
(Contribution limits to retirement plans)
(general information on plans)