Permalink Submitted by Alan - IRA critic on Wed, 2019-06-19 15:40
Not necessarily. The answer depends on an analysis of each taxpayer’s financial situation including the current marginal tax rate vs. the projected rate in retirement. The answer is a little easier for professions with nearly guaranteed growing income as in that situation a Roth contribution in the early years is preferable.
Permalink Submitted by Alan - IRA critic on Wed, 2019-06-19 15:40
Not necessarily. The answer depends on an analysis of each taxpayer’s financial situation including the current marginal tax rate vs. the projected rate in retirement. The answer is a little easier for professions with nearly guaranteed growing income as in that situation a Roth contribution in the early years is preferable.