Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
Roth 401k question
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="oldngray" data-source="post: 3315880" data-attributes="member: 45230"><p>Exactly. </p><p></p><p>A traditional will lower your gross income so should lower your taxes. For now.</p><p></p><p>The benefit of the Roth is any growth is non taxable because you invested with post tax money. A traditional you pay the tax when you withdraw the money and you are presumably in a lower tax bracket. It takes several years before the benefits of a Roth really kicks in. If you are close to retirement age its usually better to stick with the traditional but if you are younger go for the Roth.</p></blockquote><p></p>
[QUOTE="oldngray, post: 3315880, member: 45230"] Exactly. A traditional will lower your gross income so should lower your taxes. For now. The benefit of the Roth is any growth is non taxable because you invested with post tax money. A traditional you pay the tax when you withdraw the money and you are presumably in a lower tax bracket. It takes several years before the benefits of a Roth really kicks in. If you are close to retirement age its usually better to stick with the traditional but if you are younger go for the Roth. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
Roth 401k question
Top