Roth vs Pre-Tax Savings
Funding a Roth vs Pre-Tax investment vehicle is always a hot topic when trying to decide the type of retirement savings that’s best for you. There are multiple factors that come into play; and unfortunately, some of those factors we won’t know until retirement, such as future tax rates. The best way to hedge against the unknowns is to diversify your savings in a such way that provides for more flexible distribution planning in retirement.
This article does a great job of explaining the benefits and tax implications of both types of savings vehicles. We would love to talk through your options further to ensure you’re maximizing your savings efforts in planning for your retirement.