I am currently re-reading 'The coming generational storm' which is co-authored by Scott Burns. Burns used to write a very good column for the Dallas News. He thinks that deferring paying taxes on income isn't a good idea. Tax rates may rise as more boomers become eligible for SS and pressure US Govt to raise revenue. Book suggests limiting 401k contributions the amount that captures employee match--any additional savings put into Roth IRA and tax-efficient mutual funds.I believe another option would be Roth 401k if your company has that available.
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