Feb 12, 2020
10:40:01am
10:40:01am
As you progress in your career and/or your wife starts working again,
you probably won't qualify for a deduction.
Roth is neat because you (or your direct heirs) will never have to pay taxes on the gains, you don't have to take minimum distributions (meaning you can let it compound until you're in your 80s or 90s, or just pass it on to your estate).
Traditional has its strengths, but I like to diversify as much as I can into a Roth.
Roth is neat because you (or your direct heirs) will never have to pay taxes on the gains, you don't have to take minimum distributions (meaning you can let it compound until you're in your 80s or 90s, or just pass it on to your estate).
Traditional has its strengths, but I like to diversify as much as I can into a Roth.
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- ebv
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2/12/20 9:48am
2/12/20 9:51am
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2/12/20 10:24am
Or a traditional IRA. Sorry to be pedantic but these discussions drive me crazy. There are both traditional and roth IRA
2/13/20 5:54am
Why would I ever want to put my IRA funds back into a 401k? Even if my income is so high that I can't contribute to a
2/13/20 8:31am
2/13/20 9:02am
2/13/20 9:33am
2/13/20 11:06am
2/13/20 9:31am