Thread: Money Investing megathread extravaganza
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Old 06-17-2020, 02:08 PM   #5443
petegz28 petegz28 is offline
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Join Date: Feb 2005
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Quote:
Originally Posted by lewdog View Post
I've thought about that before and thanks for breaking it down! I definitely need to crunch the numbers on it.

I do think dropping a tax bracket currently helps us quite a bit, but with the standard deduction being so much I might be able to split my 12% contribution to 6% 401k and 6% ROTH 401k instead of all to the 401k.

Thanks for a great post.
If your situation would cause you switch tax brackets then yeah, I would run the numbers but I myself am starting to put everything into all of my ROTH accounts. I contribute the minimum I have too to get the employer match to my pre-tax and the rest is ROTH, baby! I don't want to **** with taxes when I am old. If I need a few G's I want to put out what I need. Not what I need and Uncle Sam wants.
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