📊 Your Information
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🎯
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🌱 Roth 401(k)
Pay taxes now, withdraw tax-free in retirement
$0
Tax-free at retirement
Annual Contribution (After Tax)$0
Total Contributions$0
Tax Paid Now$0
Tax at Withdrawal$0
📘 Traditional 401(k)
Contribute pre-tax, pay taxes when you withdraw
$0
Before retirement taxes
Annual Contribution (Pre-Tax)$0
Total Contributions$0
Tax Saved Now$0
After-Tax Value$0
When to Choose Roth vs Traditional
Choose Roth 401(k) if:
- You expect to be in a higher tax bracket in retirement
- You're early in your career with lower income now
- You want tax-free income flexibility in retirement
- You want to leave tax-free money to heirs
Choose Traditional 401(k) if:
- You expect to be in a lower tax bracket in retirement
- You're in your peak earning years with high income
- You need the tax deduction now to reduce taxable income
- You plan to live in a state with no income tax in retirement