Are you getting the most bang for your buck? Taxes are inevitable but you have a choice as to when they are taken out of your 401(k).
When choosing to invest your hard-earned dollars into a Traditional or Roth 401(k), there are a couple of big factors to consider: number of years until retirement and your current and future tax bracket. Our helpful infographic illustrates each plan type’s impact on take home pay and retirement income projections.
For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither Cetera Advisor Networks LLC nor any of its representatives may give legal or tax advice.