Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "401K Roth Conversions "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]Why would you want to pay tax now when you are in your prime earning years? Do you plan to draw the same amount in retirement? You have to remember - this conversion would take place at your current marginal rate (your highest rate at which each additional dollar is taxed), while in retirement (if the current sty stem is still around) your traditional 401k/IRA withdrawals will benefit from a lower effective rate (lower rates in the lower tax brackets). Even if you want to think about your heirs - their rates will likely not be higher than your current one. Why choose to pay the tax at the highest possible rate? I would do all traditional 401k and then do a backdoor roth. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
