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Reply to "My co offered me a ‘supplemental savings program’ through our 401k. It is a way to defer comp and bonus, but says it "
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[quote=Anonymous][quote=Anonymous]Deferred Comp is a mess and not worth it unless you're a super millionaire with accountants to manage it for you. The taxes get messed up and you can end up paying double taxes. And you might be earning more money later than now. You can put about 50k a year in a tax-advantaged mega backfoor Roth. Are you trying to stash more than that? [/quote] No, I’m just doing my 401k and then have another account with money that is professionally handled. [/quote]
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