If Erika's marginal tax rate in 2023 is 32%, and her expected marginal tax rate at retirement

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If Erika's marginal tax rate in 2023 is 32%, and her expected marginal tax rate at retirement in 25 years is 10%, should she choose to contribute to her employer's traditional 401(k) or Roth 401(k)?

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Personal Finance Turning Money into Wealth

ISBN: 978-0134730363

8th edition

Authors: Arthur J. Keown

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Posted Date: May 08, 2024 01:33 PM

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If Erika's marginal tax rate in 2023 is 32%, and her expected marginal tax rate at retirement

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Expert Answer:

Based on Erikas current and expected tax rates a Traditional 401k seems like a better option for her ... View the full answer

Personal Finance Turning Money into Wealth

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