Roth accounts are a hedge against future tax hikes and tax rate insecurity. There’s a reason Roth accounts are always subject to elimination every few years, tax revenue from Roth users is far less …

As you get older and start earning more, though, it makes more sense to switch to traditional (especially since you have the option of supplementing your 401k with a Roth IRA). Traditional also leaves the …

The main difference between a Roth 401K and a Traditional 401K is when you pay taxes. A Roth 401K is funded with after-tax money, but you can withdraw it tax-free in retirement.

Nov 28, 2022 · Essentially you need to look at effective tax rates vs top marginal. Roth contributions (and thus withdrawals) are taxed at your top marginal tax rate (so 24% for your income) because all …

If that's in my Roth or similar tax advantaged account, I still can't access it until 65 without incurring a tax penalty. Set up a foundation in your retirement accounts, and use the rest in accounts you can …

Maybe you messed up a little for the past, but since you seem to be at the top end of your career ladder/earning potential I think you're probably better off continuing to contribute to your traditional …

A Roth IRA is a tax-advantaged retirement account where you make after-tax contributions and can withdraw those contributions tax-free and penalty-free at any time and for any reason.

Aug 1, 2021 · After that, then go roth, or max the 401k and then roth after if that's your jam. That extra 20% you can put in because it's pre-tax can grow in the next 45 years.

Mar 20, 2022 · Total value of Roth IRA and post-tax brokerage account: 97,540 If he puts the $6000 in a traditional IRA, puts the tax savings in a brokerage account, and keeps both there for 40 years: His …

All that said, do what you are comfortable with. Trad or Roth 401k, you’re still investing for the future which is a win. You will still have money in the traditional 401k in the form of your employer …