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<blockquote data-quote="HEFFERNAN" data-source="post: 1068392" data-attributes="member: 11315"><p>Being as young as you are and your part time status, I would definitely say do the Roth.</p><p></p><p>You are already being taxed at a low level right now, so I say take the tax hit now and contribute into the Roth.</p><p></p><p>Also, not to make you think of it this way, but if you ever needed to take the money out for any reason, you are allowed to take out your contributions penalty free. If it was a regular 401k, you would have to pay tax and a penalty. And I believe you can only do that if you leave UPS ( Upstate can verify that for me <img src="/community/styles/default/xenforo/smilies/smile.png" class="smilie" loading="lazy" alt=":)" title="Smile :)" data-shortname=":)" /> )</p></blockquote><p></p>
[QUOTE="HEFFERNAN, post: 1068392, member: 11315"] Being as young as you are and your part time status, I would definitely say do the Roth. You are already being taxed at a low level right now, so I say take the tax hit now and contribute into the Roth. Also, not to make you think of it this way, but if you ever needed to take the money out for any reason, you are allowed to take out your contributions penalty free. If it was a regular 401k, you would have to pay tax and a penalty. And I believe you can only do that if you leave UPS ( Upstate can verify that for me :) ) [/QUOTE]
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