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Reply to "Roth 401k in 35% Tax Bracket"
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[quote=Anonymous]I am contemplating changing my 401k contributions to Roth 401k offered at my job. I am 56 and plan to retire in 3 years. Combined, we have about $5.5 million in 401ks (including my 457(b)). We have about $1 million in taxable and about $100,000 in Roth accounts. I plan to start Roth conversions when we retire. I am thinking of changing contributions to Roth, even in my current tax bracket. Just for some additional tax diversification, paying some of it now while I am still working. Any thoughts on pros and cons?[/quote]
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