{ "media_type": "text", "post_content": "When does it make most sense to max out Roth 401k va traditional 401k?", "post_id": "5f175980ad3db20020fa3327", "reply_count": 11, "vote_count": 1, "bowl_id": "59064a3cb12379001006592c", "bowl_name": "Personal Investment Chatter" }

When does it make most sense to max out Roth 401k va traditional 401k?

like
Posting as :
works at
You are currently posting as works at

This is asked quite often - do a search on this and the FIRE forums and there are many detailed responses 😊

likesmarthelpful

You two are so kind, this is just cute to even read

like

I see it as a call on future tax rates. You pay now or in the future. Hopefully you’ll be in a higher tax rate in retirement than as a senior consultant so a Roth might make more sense. For me I expect tax rates in general to go higher in the coming decades and likely become more progressive. So I’m fine laying taxes now. I also have a lot of other tax defections so contributions to a traditional 401k don’t give me that much juice.

like

Do it while you earn underneath the Roth IRA income limit. one you start doing backdoor Roth IRA, your marginal rates are high enough that you should be doing traditional 401k.

like

Max 401k, Roth, HSA and consider these as monthly expenses and you'll automatically be living below your means

Lol this did not even remotely answer OP’s question

like

Related Posts

Healthcare/life sciences focused PE firms. Name drop below ⬇️

like

I’m a lazy investor and don’t want to think about my money, so I invest my Roth IRA and 401K into a Vanguard target fund (2065). Should I be doing more with my money?

like

Wrapping up maternity leave and negotiating start and end times with the nanny. What time do your nannies come over and how late do they stay? Both husband and I are consultants and our hours are so unpredictable. Nanny can come 8 hours a day. We are thinking 9-5 and then based on our day, one of us takes care of the baby for another two hours and do the bath/bed time around 7ish.

like

We get ~$45/day per diem when traveling. Is that low, high, or average?

like

Question, photo shows my current 401k investments & balances - should I roll my Vanguard Target 2055 Trust into a Roth IRA? Would there be any advantages to doing that? Or should I roll it into the S&P 500 Index Trust? Both balances are Roth 401k contributions if that helps. My income is also too high to contribute to a Roth IRA. TIA.

Post Photo
like

Going back to work next week after 4 months of maternity leave and I’m super nervous about it 😔. I’m sure it’ll be fine but I wish that I could stay home a bit longer 😔

like

Considering a move to KPMG for their pension plan. Can anyone give me details for their plan? Also any other advice regarding KPMG.

like

Just joined D and looking at rollover options from old 401k. Are there any arguments against rolling over and leaving the old 401k as is?

like

I work for a healthcare company's internal strategy team in the NY metro area. Looking for strategy consultants with ~1-2 yoe. DM if interested

like

My last day at my current job is Wednesday and I’m not starting my new job until 10/4. My health insurance ends on midnight Wednesday. What should I do for those 10 days in between? Seems ridiculous to pay for COBRA for only 10 days.

like

Personal finance question - where should my money go first? 401k - half the limit Mortgage - 2.8% 3 months expense cash - want at least 8 Buy a car - lease is ending Furnish empty house

like

I'm sorry if this is out of place, but is anyone interested in coming on my veteran podcast? I work for a Nonprofit Organization that provides supportive services to veterans in CA, NV and AZ and our podcast discusses issues relevant to veterans. I'm organically searching for veterans who are willing to talk about their experiences, mental health and healthcare, employment, case management, housing for the homeless, etc. We don't require you to be an expert on anything.

like

if i just changed jobs (for the first time) and want to rollover my 401k to an IRA, should i do a traditional 401k or roth? mid-20s so early in my career if that matters?

like

Hey Fb friends - need an advise. My current firm hasn’t stated my GC process yet and with current processing time it appears to be somewhere around 12-15 months time to get PERM approved. In addition my current firm needs leadership approval & they make me sign a reimbursement form in case I quit. On other hand, I have approved i40 from my ex-employer (Big4) who fired me last fall, I don’t know if they will hire me back. Since I am from India and the date of filing appears like going to be…cont.

like

New EY expense policy just owned, no more Amex Plat reimbursement and mobile capped at $60 for all? WTF uncle Ernie.

like

Any recs on finding a good tutor for GMAT? Should I look a different place for quant vs. verbal tutors, or are there tutors that can help with both? Also, is it realistic to think I can get someone for $150 an hour, or is that too low? Lastly, how many tutoring sessions do you think are necessary to reap the benefits? (Lots of Qs, sorry!) For context, am considering using a tutor specifically to help tighten up weak points between my 1st and 2nd sitting

like

What is the minimum amount of money you think you need to retire?

like

30 y.o. M here, just changed my 401k allocation from a target retirement fund to 85% S&P500 and 15% international index funds. Anyone think this is stupid? Thoughts appreciated!

like

Feeling like my firm has a very outdated parental leave policy (and none of the women partners have children)! What is the parental leave policy at your firm? Please include: (1) size of firm; (2) location of firm (city, state); (3) how many paid weeks off from firm (not state/fed benefits); (4) other policies such as ramp up/down time, etc.

like

I'm a benefits director at a large company, and we're adding a fertility benefit starting Jan 1. It looks a lot like Deloitte's program (just noticing Deloitte a lot in this bowl), though ours will be slightly more generous with lifetime maxes. I'd love your feedback about what your employers do especially well or poorly, just to ensure we don't have huge blindspots as we roll it out from scratch. Honest feedback from people who are on this journey is appreciated!!

like

Additional Posts

Anybody have experience with Monta and Farer? I want to get a new watch soon to commemorate a new job/promotion. Looking at the monta atlas blue dial, also the Farer chrono-sport manual and Farer world time.

like

What are people wearing to zoom interviews these days? I have a couple with PE firms coming up and I’m not sure if I should go with the athleisure look or full on suit and tie?

like

Thoughts on exiting to a FAANG L6 Strategy role or waiting until July for my impending promotion to manager? Do we think I can push the start date out to August?

like

Salary in interview. I was asked about my salary in an interview at MBB. Say I was currently receiving 70k fixed + 22k bonus. I told them "my salary is 100K including bonus". Can this little round off hurt later? The interviewer was basically asking me how much I am expecting and I told him industry standards. Kept pursuing it. In end he said just give me sense of your current salary and so I rounded off.

like

I'm looking to move to one of the big 4 companies. I have alsomost 10 years of software engineering experience but no college degree. Is it possible to get in? If so what positions should I apply for?

like

Healthcare/life sciences focused PE firms. Name drop below ⬇️

like

Received an automated rejection email from a company... Four hours later, the recruiter reached out to schedule the third round interview. Huh? Am I living in the movie Groundhog Day?

likefunny

What’s the first round like for a PwC Strategy& Enterprise Strategy Exp Associate interview? PwC

like

I was reached out by the Sales Enablement team at Google for a Business Partner Lead role (L6). I am currently an M4. Could anyone please tell me if this is the right alignment for M4 and if any insights into the Sales Enablement team? TIA.

like

While working from home during COVID-19, do we need to post LCA notice at our home or file H1B amendment?

likehelpful

Loaded question but asking under cloak of anonymity: for those that this question applies, around how much was your engagement ring? And comparing it to the SO’s salary - did it follow the 2/3 months pay rule? Totally understand it depends on the couple, just curious because I’m clueless!

like
likehelpful

What’s the best way to capitalize on this hot market right now? Just applying on LinkedIn? Trying to find an application strategy but not sure where to start.

like

For folks exiting to FAANG / Product at start ups or really any hot company. How do you go about networking to get the interview? Do you apply then cold email someone you may have an “in”with, or are you picking say 10 companies and then having warm contacts there that you’ll ping when you see a job. I’ve been passively looking for jobs but zero luck, I only want to leave for the right fit. Big 4 here so feel my brand won’t auto get me an interview like mbb/t2

like

Has anyone tried this in their classroom? Is it effective or a waste of time?

Post Photo
likeupliftingsmart

What is the average duration at Director before promotion to MD/P at KPMG?

like

GT tax and Withum tax people - how do you like it? Anyone switch from Big 4?

like

Chicago Tribune: Huge crowd gathers at Rotary Hill near Naperville District 203 offices to demand area schools reopen. Hundreds of Naperville-area parents & students rallied Monday to urge local school boards to bring students back to the classroom and the playing field. Hmm...so all these parents just want to send their kids into schools do die, right? And kill all the teachers and their families too. All out of pure selfishness.

like

Second year lateraling to a new firm and changing practice group - do I have any ground to stand on as far as negotiating bonuses? (Signing, Covid, year end, etc.)

like

What grade (A-F) would you give your state or district in their covid response?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal