Hi - I am planning to take a career break in 2025 but will work out a 2-3 month notice period. During this time, I will probably be able to put away 20k in my 401k plan. I have historically done traditional 401k contributions and megabackdoor after that. Given that next year I will only be making a fraction of what I have made in the past, should I contribute to a roth or traditional 401k? I do also have 30-50k of unrealized gains within my taxable account, if I go the traditional 401k route I will probably realize those gains to reset my cost basis. Or I could just contribute to a roth 401k.
Statistics: Posted by 25millz — Mon Dec 30, 2024 11:59 am — Replies 3 — Views 98