My current employer will offer the option to contribute to a Roth 403b in 2024.
Few quick facts:
- 39 yo male, single
- New York (state tax - 6.25%, federal tax - 24%)
- Max 403b (no match)
- Max Roth IRA
- Pension available in ~ 26-years
- NW little over $1M (mostly in VTSAX)
I understand this comes down to whether I want to pay taxes now or later, but still having a hard to making a decision.
Any feedback would be greatly appreciated.
Few quick facts:
- 39 yo male, single
- New York (state tax - 6.25%, federal tax - 24%)
- Max 403b (no match)
- Max Roth IRA
- Pension available in ~ 26-years
- NW little over $1M (mostly in VTSAX)
I understand this comes down to whether I want to pay taxes now or later, but still having a hard to making a decision.
Any feedback would be greatly appreciated.
Statistics: Posted by ny_rn — Mon Dec 18, 2023 7:55 am — Replies 6 — Views 237