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https://boards.fool.com/i-agree-with-fuskie-but-to-elaborate-a-bit--30448429.aspx
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| Subject: Re: Switch From a Roth 401k to a Traditional 401 | Date: 12/23/2012 1:32 PM | |
| Author: pauleckler | Number: 24974 of 26276 | |
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I agree with Fuskie, but to elaborate a bit . . . Who knows what the tax code will look like say 30 years from now or what rates will be, but for now, 28% is a pretty low tax rate. 15% is possible, but that is unlikely for retirees like you who begin saving early in their careers. 25% is about the best you can hope for. I would continue the Roth contributions while you are in the 28% bracket. If your tax rate rises above 30% perhaps you will want to review your situation. And don't forget the impact of state and local income taxes. |
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