Basically my company's financials are not healthy right now and the prospects are iffy. It really could go either way. So I am prioritizing my Roth savings right now for a couple of reasons:
- If the company folds and I absolutely need to, I can access money I've contributed to my Roth (but not any earnings) without penalty. So my Roth is a dire-emergency fund in a manner of speaking. I cannot access 401(k) savings in this way, I would have to borrow it from myself which is harder to do if you are unemployed
- I'd rather get my Roth maximized and full invested ASAP instead of seeing my 401(k) money used as an unofficial "float" to cover cash flow problems. Sometimes my money would hit my account 6 weeks after my payday so that's 6 weeks of lost investing time.
If the company's financials make a comeback I will try my hand at "power-saving" so as to not lose the pre-tax opportunity that the 401(k) gives me.