The Ultimate Traditional vs. Roth 401(k) Strategy
The Money with Katie Show
00:00
The Difference Between Roth and Traditional 401k Contributions
When I set up my 401k at 22 I was making fifty two thousand dollars per year and my taxable income capped out at the 12% bracket 52k minus the standard deduction so I originally opted for the Roth 401k. Now as a married filing jointly super star with favorable rates I realized we'll be drawing down on that money based on married filing jointly tax rates not single tax rates if all goes according to plan.
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