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 401
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)