Afford Anything | Make Smart Choices About Your Money, Time And Productivity
Your Dream Retirement Might Hinge on This One Choice, featuring Katie Gatti Tassin, host of Money with Katie
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:31:19
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#541: Ever wondered if you're making the right choice between a Traditional and Roth 401(k)? You're not alone. In this episode, Katie Gatti Tassin, host of MorningBrew’s Money with Katie podcast, joins us to tackle this common retirement savings dilemma. We deep-dive into the debate between using Traditional vs. Roth 401(k) accounts for retirement savings, in the context of: Future tax rates Tax complexities for small business owners and high earners Social Security uncertainty Stock-based compensation Incentives for business owners vs. employees Katie explains her strategy for maximizing retirement savings while minimizing taxes. She suggests that for some people in higher tax brackets, maxing out a traditional 401(k) and then investing the tax savings elsewhere might be the way to go. But as we dig deeper, it becomes clear that there's no one-size-fits-all answer. We explore the Traditional vs Roth question, discussing how your current income and expected retirement spending can affect your choi