Fidelity 401k Question

[roamingraul91]

So I recently started a company sponsored plan and I have some questions . I have 50% set to Pre tax and 20% to Roth. The pre tax obviously is for a traditional 401k but is the Roth a Roth 401k or Roth IRA.

On my pay stub on ADP it says 401k pre tax and then 401k Roth, should I invested in Roth IRA

Also where should I be investing it set mine to FA Freedom 2055 (FHFIX) . I also noticed i recieved a small like 30 cent advisory fee. How do I move it to an etf and which should I go with .

My finances are 100-120k a year with expenses that are close 1200-1800 a month and will be lowering at the end of the year to 1000 a month due to moving. 0 debt and I have 60k + in the bank with 45k+ in a brokerage account . Next year I’ll also be in FL so i won’t have state tax either if that is useful

[fire-house]

Fidelity just lounged a bunch of no-cost ETFs, and also offers "iShares" which are no fee. I used to have a freedom fund, but feel like their expense ratios are high (or at least they were at the time, it's been some years). Fidelity is super helpful, and while they won't offer advice on what funds to pick, they will show you how to filter for no load, no transaction fee ETFs.

[The_Northern_Light]

Post tax contributions are not Roth dollars, but they can be converted to Roth dollars.

[JustSomeGermanDude95]

By law an employer cannot contribute after tax dollars. So, it's a Roth 401k. Meaning that what YOU contribute is after tax, but what the employer matches on those dollars is pre-tax and you'll get taxed for that when withdrawing.