I'm 38% and have banked $700k in my 401(k) - at my tax rate, does it make sense to contribute to a Roth 401(k)
Briefly

from 24/7 Wall St.2 months ago
A Roth 401(k) allows for after-tax contributions, enabling tax-free withdrawals in retirement. It’s beneficial for those expecting higher taxes in the future.
24/7 Wall St.https://247wallst.com/personal-finance/2024/12/04/im-38-and-have-banked-700k-in-my-401k-at-my-tax-rate-does-it-make-sense-to-contribute-to-a-roth-401k/
The key decision for the Reddit user lies in balancing their current high-income tax bracket against potential future increases. A Roth 401(k) could yield significant tax-free gains.
24/7 Wall St.https://247wallst.com/personal-finance/2024/12/04/im-38-and-have-banked-700k-in-my-401k-at-my-tax-rate-does-it-make-sense-to-contribute-to-a-roth-401k/
Read at 24/7 Wall St.
#roth-401k #retirement-planning #tax-strategies #financial-advice #reddit-community
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