A more sophisticated approach to Roth conversions is worth considering when trying to lower your future taxes and increasing your net worth in retirement.
Roth 401(k) vs. Traditional 401(k)
It can be tough to pass up a tax break by choosing Roth 401(k) contributions over traditional deferrals, but you need to think ahead when saving for retirement. Paying taxes now might help you save thousands – or even tens of thousands – in net taxes. That is additional money that can come in handy in retirement.
