Roth 401k
01-06-2018, 11:45 AM
#21
Gets Weekends Off
Joined APC: Nov 2005
Position: 757 Capt
Posts: 2,418
If you don't have an idea of which way is the best way to go...split your contributions, easy enough to do.
One of the sites I periodically read has recommended Roth during the low tax years, and traditional to minimize taxes as your earnings increase.
I like having the ability to avoid RMDs by rolling my Roth 401k into a Roth IRA (technicalities are good to point out, btw)
The benefit to saving that $$ for last is the ability to leave it to the kids or grandkids, as well as having a source of funds available to tap that won't push me into a higher tax bracket during retirement.
One of the sites I periodically read has recommended Roth during the low tax years, and traditional to minimize taxes as your earnings increase.
I like having the ability to avoid RMDs by rolling my Roth 401k into a Roth IRA (technicalities are good to point out, btw)
The benefit to saving that $$ for last is the ability to leave it to the kids or grandkids, as well as having a source of funds available to tap that won't push me into a higher tax bracket during retirement.
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