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401k roth
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<blockquote data-quote="Jones" data-source="post: 872124" data-attributes="member: 4805"><p>You don't really believe the government would leave a big ol tax loophole like that do you? You will pay taxes if and when you convert from traditional to Roth, regardless of when you do it. Having two separate 401k's (Roth and traditional) makes no difference as far as compounding interest goes, it's the total amount you have invested that matters. Having both types of 401K is a good way to hedge your bets though, as you never know what the tax rate is going to be in the future. It's a pretty safe bet that it will go up from where it is now though, and assuming that's the case you would be better off making all your future contributions to a Roth rather than a traditional, which is the route I'm going.</p></blockquote><p></p>
[QUOTE="Jones, post: 872124, member: 4805"] You don't really believe the government would leave a big ol tax loophole like that do you? You will pay taxes if and when you convert from traditional to Roth, regardless of when you do it. Having two separate 401k's (Roth and traditional) makes no difference as far as compounding interest goes, it's the total amount you have invested that matters. Having both types of 401K is a good way to hedge your bets though, as you never know what the tax rate is going to be in the future. It's a pretty safe bet that it will go up from where it is now though, and assuming that's the case you would be better off making all your future contributions to a Roth rather than a traditional, which is the route I'm going. [/QUOTE]
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