<prompt> Human: Hey everyone! I recently turned 30 and realized it was time to get ahold of my finances. Thanks to this subreddit and rynab, Ive almost paid off my credit card debt. Now Im looking to start using the extra money I will have each month once theyre paid off to save up more of an emergency fund and put more towards retirement. I already contribute my company match to my 401k. I still only have a basic level of financial knowledge, so I dont fully understand everything in the wiki, but Im committing to learning more! With that said, I have two questions for you all. nbsp;1. The wiki says that if you have an excellent 401k you can consider contributing more to it over the company match rather than an IRA. How do I know if I have an excellent 401k? What makes an excellent 401k? I understand Ive got a great company match, I just dont know whats considered excellent beyond that.2. Should I keep my traditional 401k or switch to a Roth 401k? It seems I fall into the you can do either one category based on the wiki. nbsp;My details: Annual salary: I just received a raise and my new salary is 69,000 pretax with the potential of 5k-15k overtime My employer matches 100 up to 9.3 for my 401k. I have worked for the company for 5 years, am fully vested, and have contributed 10 the entire time into a traditional 401k. They offer the same for traditional or Roth 401k. My current 401k balance is 52k. I also have 24k from profit-sharing in my retirement account. My 401k account says Im investing in the Vanguard Target Retire 2055 Select. I dont really know much about what that is though! I live in Texas, so no income tax. I have no plans to leave this state or this company. Eventually Id like to contribute fully to my 401k and an IRA, but Im not in the spot to do that yet, so Im just wondering which is better to start with for now! nbsp;Please let me know if theres any other details you need to know! Thank you in advance for your help!  <response>: The Target Date Retirement Fund in your 401k is better than the one in your IRA because its the institutional version lower expense ratio, so may as well stick 401k over IRA until 401k full.Traditional vs. Roth is a question of your current marginal rate where traditional is sheltered vs the future effective rate in the buckets in which it would be withdrawn.Basically, any dollars that come out below your salary adjusted for inflation yearly in retirement, youd prefer come from traditional. Any above, Roth. 