2018 projections: $94k salary
$37k to both 401k and 457(b)
I have been maxing my Roth IRA for 10+ years when I made less money.
I want to be in the lowest tax bracket possible so I figure with the deduction being ~$12k and I make traditional IRA contributions of $5.5k, that should take me to around $41.5k.
Simple question: around what income level would it be financially wise to put funds in a tIRA vs Roth to maximize tax benefits?
Also, would I have to talk to my job’s payroll department if I want a tIRA?
Submitted December 09, 2017 at 12:27AM by fat-stanley http://ift.tt/2kHm86a
