Comment on What can I do with US$10K that is a good investment?

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CrimeDad@lemmy.crimedad.work ⁨4⁩ ⁨weeks⁩ ago

I understand how having a higher income and tax rate in retirement makes a Roth attractive. However, the comparisons I’ve seen don’t fully account for the opportunity cost of paying the taxes up front in the case of a Roth, since a traditional IRA lowers your taxable income by the amount you contribute. This tax break allows for a greater contribution. In other words, I think a fairer comparison would show a greater initial contribution for a traditional IRA.

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