Roth accounts are a hedge against future tax hikes and tax rate insecurity. There’s a reason Roth accounts are always subject to elimination every few years, tax revenue from Roth users is far less …

The main difference between a Roth 401K and a Traditional 401K is when you pay taxes. A Roth 401K is funded with after-tax money, but you can withdraw it tax-free in retirement.

Mar 20, 2022 · Total value of Roth IRA and post-tax brokerage account: 97,540 If he puts the $6000 in a traditional IRA, puts the tax savings in a brokerage account, and keeps both there for 40 years: His …

May 15, 2023 · The IRS mandates that Roth IRA distributions be taken in this order: First, from regular contributions, not subject to tax or penalties Second, from conversion contributions, on a first-in, first …

Nov 28, 2022 · Essentially you need to look at effective tax rates vs top marginal. Roth contributions (and thus withdrawals) are taxed at your top marginal tax rate (so 24% for your income) because all …

A Roth IRA is a tax-advantaged retirement account where you make after-tax contributions and can withdraw those contributions tax-free and penalty-free at any time and for any reason.

Aug 1, 2021 · After that, then go roth, or max the 401k and then roth after if that's your jam. That extra 20% you can put in because it's pre-tax can grow in the next 45 years.

Mar 24, 2023 · Roth IRA - tax free when you want it. Keep 3 months of emergency fund in your HYSA. I was doing treasury bill ladder to for emergency fund but that looks to be moving.

What’s the best way to get started in a ROTH IRA? New to this sub and to Reddit but I’m 24 and unmarried and I’ve been looking to start a Roth that’s basically hands off. I’ve researched a bunch …

As you get older and start earning more, though, it makes more sense to switch to traditional (especially since you have the option of supplementing your 401k with a Roth IRA). Traditional also leaves the …