<prompt> Human: Some background - Im 23 and havent invested any money into a 401 K plan. I do pull roughly 25 out of my income and put it towards my personal savings, so is there a point to invest? Im extremely new to this and open to all suggestions.  <response>: if its a decent plan with low ratios and decent fund options, yes there is. the biggest reason to invest is that you can put more than 5.5k IRA yearly limit. however, if youre not investing that much andor your 401k plan is undesirable go with a self managed ira instead. 