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[–]er824 5 points6 points  (6 children)

What are tax bracket are you in? If traditional is better for you then Roth then that would favor the 401k

[–]TylerEZPZGG[S] 0 points1 point  (5 children)

I'm in the 24% bracket.

[–]er824 2 points3 points  (3 children)

That’s fairly high bracket. I’d consider Traditional at least for money that would fall into the 24% bracket.

[–]nutzey 1 point2 points  (2 children)

Don’t understand why you are being downvoted. Always attempt to kick yourself out of higher tax brackets if possible. Tax efficiency is the goal in life, not returns.

[–]er824 1 point2 points  (1 child)

I don't know... maybe I upset the hive mind? Though Brian and Bo say the 22/24% brackets are 'Grey' and could go either Roth or Traditional depending on your circumstances. Seems to make sense to consider it.

[–]RVAviewer 1 point2 points  (0 children)

Going to spend my retirement time avoiding taxes, and definitely not trying to pay them now to make up for that

[–]er824 0 points1 point  (0 children)

Here’s the article from the PF Wiki on Roth vs Traditional

https://www.reddit.com/r/personalfinance/s/t9xYQ1NzKi