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Jan 6, 2025
2:48
:36
pm
PortlandCougFan
Redshirt Freshman
RE: Why would you take the tax hit now when your income is probably peaking when
Thought is that the next 15 years of growth would be tax free and all my disbursements wouldn't be taxed when I'm retired.
However, a lower tax rate in retirement is probably the better path.....
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PortlandCougFan
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PortlandCougFan
Joined
Sep 13, 2001
Last login
Jan 8, 2025
Total posts
171 (0 FO)
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Messages
Author
Time
401K Question: Convert traditional 401K to Roth now or wait
PortlandCougFan
Jan 6, 1:35pm
sell it and buy pickles.
reagan21
Jan 6, 1:36pm
If you are at a lower tax bracket after retirement than now,probably should wait
RGGeemer
Jan 6, 1:40pm
Wait till you are in a lower tax bracket. Also, if you own your house outright
RBLegend
Jan 6, 1:40pm
Wait until the market has a dip so your taxes are less.
RH84025
Jan 6, 1:42pm
What if the next dip doesn’t happen for 6 months and then dips to
bluecougar1985
Jan 6, 1:46pm
Wait. Spread your risk. Who knows what tax rates will be and you have a Roth
jvquarterback
Jan 6, 2:05pm
Why would you take the tax hit now when your income is probably peaking when
OKchief
Jan 6, 2:25pm
RE: Why would you take the tax hit now when your income is probably peaking when
PortlandCougFan
Jan 6, 2:48pm
Flip side argument is that you can leave in the pre-tax amounts for 15 years to
RGGeemer
Jan 6, 3:05pm
The reason you do it now is because you have income to pay the taxes with
Gunhog
Jan 6, 3:23pm
But that income will push you into higher tax brackets. It's all dependent on
RGGeemer
Jan 6, 3:39pm
Couple of considerations -
SwanSong
Jan 6, 3:28pm
RE: Couple of considerations -
PortlandCougFan
Jan 6, 4:02pm
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