Roth vs Traditional for those living in Washington?
Those of you who live in Washington.. do you guys invest in Roth or Traditional? I will probably move to other states with higher taxes so im not sure if it makes sense to put any money in Traditional. Thinking of contributing about 20% in Roth and 5% in Traditional. Does it seem like a wise move?
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General Motors agmV57 Mar 5, 2019
Roth for sure considering we will never have lower federal income tax rates. HSA is an excellent path as well because it is triple-tax advantaged.
Google wqIe83 Mar 5, 2019
Roth and go self directed if you are savvy. You can even hold real estate in Roth and private equity subject to some conditions.
Max Traditional (18k) then max HSA (7k) then max after tax to Roth IRA mega-backdoor (~30k) then max Roth IRA backdoor (6k).
What Google said. +1.
Are you married? Because 61K in retirement and hsa per year - how do you manage to put so much without compromising quality of life