Personal Investments • Employer now offers post Tax for 403b

*IF* you are at least 20 years away from age 59.5 (39 years old or less), AND
*IF* you are currently in the 22% or 24% Federal tax bracket
THEN
contributing to Roth 403(b) may be prudent
BECAUSE
the 22% and 24% tax brackets will sunset at the end of 2025. Starting 2026, these brackets will become 25% and 28% respectively. So contributing to Roth 403(b) now is like earning a 3% or 4% cash back respectively, the only caveat being that the "cash back" is delivered to you only at the end of 2 year period.

Statistics: Posted by lakpr — Fri Feb 16, 2024 1:25 pm — Replies 3 — Views 160

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