I have a regular 401K with my company. For some reason I just looked into it more closely and realized that I can also contribute to a Roth 401K.
I am only hoping for my salary to increase with time as I age and move companies. That said wouldn’t it be more beneficial to switch my contributions to a Roth 401K now as presumably my tax bracket will be higher when I retire? Or should I just keep contributing to my regular 401K
Bonus question what the hell would I do with my regular 401K money then? Could it be taxed and rolled into my Roth?
I’m 34 years old by the way.
Submitted September 01, 2021 at 10:02PM by AccomplishedHall3 https://ift.tt/2YlAc9t