Pretend one has a pension of say 50k coming, plus social security for both spouses totaling 30k. Between the two, that will eat up all the lower tax bands to where it almost makes sense to go full roth with ira and 401k if able to, since leveraging traditional to avoid lower taxes on the first several thousand would not be doable due to pension and social security taking up that range. Does this make sense to avoid traditional and go full roth if pension?
Statistics: Posted by BizarroJerry — Mon Sep 30, 2024 7:06 pm — Replies 6 — Views 261