I recently saw a presentation from one of my amazing peers, Jeanne Fisher - @financialjeanne, and she brought up an important #401(k) stat... “Less than 10% of retirement contributions are going in Roth and yet a vast majority of investors and savers should be saving Roth.”
The decision to save in your 401(k) either Pre-tax or Roth is an important one, based on basically one key point: which allows you to pay the least amount in taxes over your lifetime? In this Money Hacks episode, I explain why more people should be saving Roth now. If you want more information on Roth vs. traditional 401(k), check out our content on MoneyNav.
If you have a money question you'd like answered, don't forget to email us! This series is made from calls and questions we get from employees, investors, savers, and people just planning for their future, so if you have a question, let us know!
