Viewing a single comment thread. View all comments

Vanguard62 OP t1_j6p0pjm wrote

Reply to comment by Werewolfdad in Help - We Need Investment Advice - New, Higher Paying Jobs. by Vanguard62

Question about Step 5. Is increasing for retirement via our work’s 401k mainly for tax reasons vs putting that same money toward a traditional?

1

Werewolfdad t1_j6p2hnh wrote

Yeah. The phase out for traditional Ira deductions is very low if covered by a retirement plan

2