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Podcast: Stay Wealthy Retirement Podcast
Episode: Financial Myth #4: A Traditional 401(k) is Better Than a Roth 401(k) When Saving for Retirement
Description: When you contribute to retirement accounts, you typically have two options: Contribute pre-tax dollars today, pay taxes in retirement when you withdraw (Traditional 401k/IRA) Contribute after-tax dollars today, withdraw tax-free in retirement (Roth 401k/IRA) Ask 100 people and 99 of them will likely choose option one. A tax deduction certainly sounds better than no tax deduction. I get it. I love tax deductions. But I think the Roth 401(k) is actually the right decision for most retirement investors. Tune in to today's episode to learn why! For...