Quote:
Originally Posted by Stu from NYC
Maybe I am missing something.
You pay income taxes on your 401 plan contributions now and put a lesser amount into your Roth for longer term growth?
If it works for you fine but would rather have that 30% or so that was taken out in taxes grow for me in the long term.
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During our working years we could contribute to the 401K, the maximum allowed, but it was not a ROTH 401K.
We could not contribute to a ROTH IRA due to limits on contributions due to our joint income.
IRA Contribution Limits