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re: Am I over thinking this...Roth v. Traditional IRA
Posted on 9/5/18 at 11:22 pm to ChandlerB03
Posted on 9/5/18 at 11:22 pm to ChandlerB03
Do you thnk taxes will be higher or lower in 31 years?
Also I wouldn’t count on SS being the same 31 years from now.
And I thought SS was taxed as income?
Look up info on Roth Conversions.
Also I wouldn’t count on SS being the same 31 years from now.
And I thought SS was taxed as income?
Look up info on Roth Conversions.
This post was edited on 9/5/18 at 11:24 pm
1
Posted on 9/6/18 at 7:22 am to weagle99
Thanks for the info fellas.
Nope, no one knows what the tax rate will be in 31 years, but my taxable income will be less. I'm just assuming that SS will still be around, and obviously I wouldn't retire until I could get a full draw from it.
Smart idea with the timber corporation and offering a 401K.
I want to do both a pre-tax and post tax contribution, but didn't think you could do both an Tira and a Roth at the same time?
Nope, no one knows what the tax rate will be in 31 years, but my taxable income will be less. I'm just assuming that SS will still be around, and obviously I wouldn't retire until I could get a full draw from it.
Smart idea with the timber corporation and offering a 401K.
I want to do both a pre-tax and post tax contribution, but didn't think you could do both an Tira and a Roth at the same time?
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