Currently my employer offers a 403b plan where they match up to 3%. And currently I am maxed 100% ($19k) into this plan. I also have a personal Roth IRA (with Vanguard) where I contribute $6k per year.
I was getting my taxes done at my CPA and we got to talking about retirement accounts. He mentioned that I can save future taxes on my 403b by splitting some of the $19k and putting it in a IRA account. So I wouldnt pay so much taxes when retired. Ive never herd of this being an option. SO essentially I would have my personal Roth IRA where I can put $6k into and another IRA linked to my 403b where the combined contribution in $19k. Does this sound right or did I completely misunderstand him?
Submitted March 06, 2020 at 08:40PM by krezvani https://ift.tt/2VQlXWN
