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Podcast: Retirement Starts Today
Episode: Take Advantage of Your Peak Deduction Years
Description: Are you sure you're making the right call when deciding between Roth and traditional retirement accounts? A recent article on the Michael Kitsis blog started a debate into why, during your peak earning years, contributing to traditional pre-tax accounts might actually make more sense—even if tax rates rise in the future. I'm going to break down why high-income earners can often benefit more from deferring taxes now and paying them later in retirement when they have more control over their income. I'll explain how using tax deductions at your highest earning years and withdrawing fu...