Fund your 401(k) or IRA first?

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In a perfect world, on the road to retirement, you’d max out your company 401(k) and your IRA.

But if you’re like a lot of people, “perfect” might not describe your money situation. So if you have to choose, which retirement account should get first dibs on your money: Your IRA or 401(k)?

There’s no one-size-fits-all answer. But asking a few more questions will help you arrive at the right decision for you. It pays to consider these 10.

Written by
Dana Dratch
Personal Finance Writer
Dana Dratch is a personal finance and lifestyle writer who enjoys talking all things money and credit. With a degree in English and writing, she likes asking the questions everyone would ask if they could and sharing the answers — along with smart money management tips from the experts.