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I max 401k, traditional ira, and HSA. I can just backdoor roth ladder later so the deduction is worth way more.
It is possible but make sure your doing Roth and HSA before you continue to max it.
Roth is overrated in a political climate that appears trending for lower tax rates rate in future. Getting more money in as quick as possible makes up for the tax implications of traditional on the back end. To each their own of course.
Backdoor Roth is a way to avoid the income limits on Roth contributions. It doesn’t avoid taxation but I still agree with EY2 that the deduction and incremental buying power that contributing tax-free dollars allows outweighs the benefits of tax-free growth.
I hate you. 🤣
EY2 - Can you explain? I'm a staff 1 doing Roth for the obvious reasons of less taxes later
I would if an entire paycheck didn't go to housing