I know there already exist many posts on this topic, and I've attempted to look around for this particular question with no success.
I'm in a career that starts at just over 100k annually but will not see significant increases in salary for the length of my career. I plan to retire in approximately 35 years at approximately age 65. My current company does match both Roth and Traditional 401k plans up to 6% and up to$ 20,000.
So, 1. Which retirement plan is "better"? and 2. When one retires, how is their tax bracket then determined in retirement? If you're only drawing from your retirement plan, are those withdrawals your income (plus social security, etc)?
Essentially I'm trying to figure out my tax bracket in retirement in order to determine which retirement plan is more advantageous. Thank you.
Submitted March 04, 2017 at 02:47PM by weatherandtraffic http://ift.tt/2mRiO56
