Can A Roth IRA Be Your Emergency Fund?
Money Guy Show
00:00
Do We Do Traditional Contributions or Wroth Contributions?
R m asks, if i make enough money to max out my four one k, is it worth doing traditional contributions only and investing the tax savings into my rothira? Chris: For somebody who's in a high tax bracket and a good bit older, where compounding is not as valuable as it s it could be for a 20 something, then it makes sense to go that traditional route. If you can save 50 cents on the dollar by doing traditional it made sense to consider those things.
Play episode from 04:43
Transcript
