Originally Posted by
Nightflyer
OK, I can see how it would make sense for a younger guy to use a Roth 401k.
What about an above 50 wide body Captain?
I know I would take a tax hit now, but is it worth it to contribute to a Roth 401k now so I can enjoy less taxes in retirement?
I have been using the back door Roth IRA method, but I am not sure if that will continue with the new tax law. Anyone know the answer to that one?
You want to pay more taxes now (while in a presumably higher bracket) instead of being taxed later (when retired and in a presumably lower bracket)? That's is the essence of what you would be doing.