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401k vs Roth 401k – Which is Better? Which should you contribute to?


Is it better to contribute to the 401k or Roth 401k? The Roth 401(k) could offer great benefits like tax-free growth & future tax-free income. But which is more tax-efficient for you and your future… In this video I talk about the differences between the 401(k) vs. Roth 401(k) and which may be better for you to save in. Video on Roth Conversions (Good Idea or Bad Idea?): Website: Facebook: LinkedIn: A lot of company sponsored retirement plans offer a 401(k) for you to save in. Does your employer retirement plan also provide you the ability to contribute to a Roth 401k? A Roth 401k could offer some great benefits like tax-free investment growth and future tax-free income. Should you contribute to a 401k or Roth 401k? Your situation may help determine which could be best for you and I’ve provided the following guidance in the video: -How to determine if the Roth 401k is available to you -401k vs Roth 401k explained -How much you can contribute to the Roth 401k or Traditional 401k -Discuss if you can contribute to both a Roth 401k and Traditional 401k -Tax differences between the two -Factors to help determine which is better for your situation the 401k or Roth 401k -Understand the 401k vs. Roth 401k for high income earners -A key tip for on the Roth 401k and making the most of your tax-free investment growth #401kvsRoth401k #401k #Roth401k...(read more)


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