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Subject:  Roth 401k vs. Traditional 401k Date:  9/27/2012  8:32 PM
Author:  2gifts Number:  70978 of 88513

I just started a new job this week, and have a choice between a traditional 401k or a Roth 401k. I only need to have a small amount withheld for the rest of this calendar year to max out, so I will have that amount put into a traditional 401k just because it is the easiest thing to do, and feels like that completes this year's contribution.

My question is how I decide between the Roth 401k and the traditional 401k going forward. I can even have some combination between the two, but it does feel like I should be able to choose one or the other.

I've looked around in the Fidelity site, and it seems like I might be better off staying the course, but I'd love more input from the folks here. I'm not sure what info I need to provide, but generally speaking, I expect to be in a lower tax bracket when we retire because we do not need as much income as we have now, and so will only need to take that amount out of our investments, which currently are both in tax-deferred and taxable accounts. We don't plan to purposely leave an inheritance for the kids, so I don't care about any leftover amount. And we do not qualify for a Roth IRA at our income level today.

Any advice or guidance? I think this is the best board for this question, but please redirect me if that is not the case.
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