Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
AJ

Thanks for the correction on my math. It may be meaningful to the OP to contribute some to the traditional 401k and the remainder to the Roth 401k to balance taxable income and avoid the 22% tax bracket.

Also, if unclear from my earlier post, depending on how the employers contribution is calculated, OP may be better off ensuring they capture the match.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.