<prompt> Human: Just turned 24 years old. Reside in Florida live with my parents, but dont plan on staying here. Hoping to get into medical school in the next 12 years. Just started a new job in February, my salary is 40K. My employer matches 5 for a 401k. I wanted to also open up an IRA but I cant decide between the two options. Any advice would be great. Thanks!  <response>: Id do a Roth. Presumably your income will be much, much higher later on. 