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re: Expiration of “Trump” tax cuts
Posted on 5/3/24 at 3:03 pm to SquatchDawg
Posted on 5/3/24 at 3:03 pm to SquatchDawg
quote:
Sorry…to be clear I was talking about a company sponsored tax deferred 401k vs a company sponsored after tax Roth 401k.
Are you saying the tax deferred is better?
I was under the assumption that the Roth was the way to go….so much so that people are actively converting traditional IRAs to Roths.
I was saying pay the taxes later, since even with a higher rate in the future you're likely going to be in a higher bracket now.
Of course that's purely speculative. You could end up getting screwed if you use pretax dollars now.
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