Current Events > Is it worth it to contribute to traditional over Roth for the tax break?

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AceAttorneyist 09/20/23 12:53:25 PM #1:	Mostly wrestling with this because of the SAVE plan and how a lower AGI means lower monthly payments. I've been contributing mostly to Roth but I'm wondering if traditional makes sense for that payment reduction. --- (... D-Do I really inspire this sort of frothing desire from the female masses?) <cite>AceAttorneyist posted [p:976194053] in Is it wort... [t:80571981]...</cite> <quote>Mostly wrestling with this because of the SAVE plan and how a lower AGI means lower monthly payments. I've been contributing mostly to Roth but I'm wondering if traditional makes sense for that payment reduction. </quote> ... Copied to Clipboard!
FactsKeepHurtin 09/20/23 8:45:07 PM #2:	Sounds like you can calculate this and figure it out on your own hth <cite>FactsKeepHurtin posted [p:976204040] in Is it wort... [t:80571981]...</cite> <quote>Sounds like you can calculate this and figure it out on your own hth</quote> ... Copied to Clipboard!
MarcoRubio 09/20/23 8:47:09 PM #3:	You haven't maxed out yet? --- Confirmed unbiased <cite>MarcoRubio posted [p:976204075] in Is it wort... [t:80571981]...</cite> <quote>You haven't maxed out yet? </quote> ... Copied to Clipboard!
s0nicfan 09/20/23 8:47:14 PM #4:	Many people will say it's always worth to split between roth and traditional. Since roth is post-tax, you can pull from it for emergencies without having to pull extra to cover the tax. However, traditional lets you invest more up front in exchange for gambling that you won't need money until you retire when your income is zero and the taxes on a 401k withdrawal are minimal. --- "History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz <cite>s0nicfan posted [p:976204079] in Is it wort... [t:80571981]...</cite> <quote>Many people will say it's always worth to split between roth and traditional. Since roth is post-tax, you can pull from it for emergencies without having to pull extra to cover the tax. However, traditional lets you invest more up front in exchange for gambling that you won't need money until you retire when your income is zero and the taxes on a 401k withdrawal are minimal. </quote> ... Copied to Clipboard!
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