21min chapter

Afford Anything cover image

Q&A: The Roth Decision at Every Income Level (And Why It Matters Now!)

Afford Anything

CHAPTER

Navigating Solo 401k Contributions

This chapter explores the dilemma of choosing between Roth and traditional pre-tax solo 401k contributions, particularly for high-income individuals like attending physicians. The discussion includes the impact of hiring employees on retirement plan eligibility and highlights the benefits of tax diversification. Listeners are encouraged to adopt a hybrid contribution strategy to enhance financial flexibility and prepare for uncertain future tax rates.

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