Hi, all,
Maybe I'm reading too much, because now I'm confused about what to do.
Matt Becker at MomandDadMoney wrote this argument here that I think makes a very solid case for why the tIRA should not be overlooked and is the best option for many people. He states, however, that if one expects other income in retirement, a ROTH likely makes the most sense.
For those of you expecting or currently drawing on pensions, what did you do during your wealth accumulation years? Did you forgo the ROTH in favor of the tIRA?
Currently, DW and I max out our ROTHs each year and intend to do so until we exceed the income limits. (We do the same with our traditional TSPs).
Thanks!
Maybe I'm reading too much, because now I'm confused about what to do.
Matt Becker at MomandDadMoney wrote this argument here that I think makes a very solid case for why the tIRA should not be overlooked and is the best option for many people. He states, however, that if one expects other income in retirement, a ROTH likely makes the most sense.
For those of you expecting or currently drawing on pensions, what did you do during your wealth accumulation years? Did you forgo the ROTH in favor of the tIRA?
Currently, DW and I max out our ROTHs each year and intend to do so until we exceed the income limits. (We do the same with our traditional TSPs).
Thanks!