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IRA vs 401K. By James Traylor Michael Pan Melissa Sy James Ayoub Team 6. Objective. Evaluate 401k vs IRA Compare Pros & Cons Maximize returns in the Long run Find most useful techniques to solve our dilemma. Scenario. We will be investing 20% of our Salary into the IRA/401K
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IRA vs 401K By James Traylor Michael Pan Melissa Sy James Ayoub Team 6
Objective • Evaluate 401k vs IRA • Compare Pros & Cons • Maximize returns in the Long run • Find most useful techniques to solve our dilemma
Scenario • We will be investing 20% of our Salary into the IRA/401K • Take into account inflation • We are an average Male Engineer just recently graduated from college
Results • The end result will be whatever plan gives us the most return on our money in the end. This plan will be most worthwhile. • There might be alternative options as well since everything is not black and white.