AdRoll Pocket7s

US government will raise taxes by a lot in the future when the debt has to be paid off

Feb 16, 2021 5 4
- Microsoft Hrgf72
  
  Or, like in New Zealand, they'll just repeal all tax benefits on Roth and will make you pay the taxes there.
  
  Feb 16, 2021 0
- Taylor Farms belonita
  
  Is that they really do in New Zealand?
  
  Feb 16, 2021 0
NVIDIA sdm10

I do traditional to get company match and rest in after tax for mega back door conversion. Roth doesn’t make sense to me.

Feb 16, 2021 1 3
- Microsoft Hrgf72
  
  Microsoft matches Roth as well.
  
  I like this point though: if you max your 401k contribution, by doing pre-tax with match and the after-tax converting to Roth, you get 50/50 in pre-tax and Roth, so you diversity it for different future scenarios.
  
  Feb 16, 2021 2
- NVIDIA sdm10
  
  They do but I’d rather get gains on pre tax and max out the after tax to get best of both the worlds. I like to diversify for long term(pre tax) and short term(after tax)
  
  Feb 16, 2021 0
Bloomberg / Eng SEXY <GO>

I make too much money to get a Roth and very likely so do you, if you make over 125k/yr go traditional

Feb 16, 2021 0 3
- Amazon Newbiez0r2
  
  This
  
  Feb 16, 2021 0
- Bloomberg / Eng SEXY <GO>
  
  My bad!
  
  Feb 16, 2021 0
EPAM Systems YuckFou13

What is the difference between Roth IRA?

Feb 16, 2021 0 2
- Amazon LKRB30
  OP
  
  Roth Ira has a income limit and contribution limit.
  
  Feb 16, 2021 1
- EPAM Systems YuckFou13
  
  Nice!! But what to do with that account when you switch jobs? Can you convert it into Roth IRA without employer plan attachments?
  
  Feb 17, 2021 0
Amazon LKRB30
OP

Not sure how many do. I know amazon does and wonder if I should take advantage of it

Feb 16, 2021 1 1
- Amazon Newbiez0r2
  
  Tax free gains are the besto imo. It also depends on what you think your taxable bracket will be if you need to pull it out sooner and take the 10%? + hit up front. Not all emergencies are foreseeable
  
  Feb 16, 2021 0

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Roth 401k vs traditional 401k.

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