Thread: PSA info
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Old 11-26-2016 | 05:39 PM
  #5214  
TallFlyer
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Originally Posted by irrelevant
I do agree in most cases if one can only invest a limited amount, the strategy you've suggested is superior. My income bracket doesn't allow for a direct contribution into a Roth. I have a way around it, and it's maxed every year, in addition to the $18k 401(k) limit.
You married to a Doc or something? You certainly aint making that kind of scratch at PSA.
I'm also taxed at 39.6% for every dollar I earn at PSA that isn't tax deferred, so the smaller my W-2 income is, the better.
Eh, you really need to learn how marginal tax rates work. Bottom line, being in a higher tax bracket determines how much the next dollar you earn is taxed, not all the dollars you earn. From a strictly tax rate perspective, there's no reason to try and earn less money to pay less taxes.

Don't confuse marginal tax rats and your effective tax rate. Very different things.
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