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Old 05-02-2023, 10:24 AM
retiredguy123 retiredguy123 is online now
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Quote:
Originally Posted by JoelJohnson View Post
All true, I am keeping at the 22% rate, in 2026 the 22% rate goes up to (I think) 24% (or something like that). So, unless you think tax rates will stay the same or go down, I'd rather be in a ROTH.
One other consideration is that people who may need to move into assistant living or a nursing home can greatly benefit by paying their bills with traditional IRA assets because of the huge medical tax deductions they will get.