I'm 18 years old, my net pay is about $150 weekly. Should I choose pre-tax or after-tax 401(k) contributions? | 401k Questions

Question

Asked 10/18/2008

I'm 18 years old, my net pay is about $150 weekly. Should I choose pre-tax or after-tax 401(k) contributions?

Should I choose "pre-tax" or after-tax" to make my 401(k) contributions?

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Answer 1/1 - Submitted 10/20/2008

Pre-tax would probably put more money into your 401k, but at 18, you might want to consider which one will pay you the most weekly.

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