The issue of roth versus traditional 401ks is complex

Reader comment on: Republicans for Higher Taxes

Submitted by lyle (United States), Oct 26, 2017 15:45

If you think tax rates will be lower after you retire than a traditional 401k makes sense if the same or higher than a roth 401k makes sense. It basically is a pay me now or pay me more later i.e. the traditional 401k you pay taxes on the gains whereas the roth model you pay taxes on the contributions, and none when you withdraw as well as not having required minimum distributions when you reach 70.5 years old.


Note: Comments are moderated by the editor and are subject to editing.

Comment on this item

Mark my comment as a response to The issue of roth versus traditional 401ks is complex by lyle

Email me if someone replies to my comment

Note: Comments are moderated by the editor and are subject to editing.