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that's a very good point. I'm not sure what my current

Posted on: April 25, 2017 at 09:08:13 CT
CulturedDan MU
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strategy should be since I have no freakin' idea what my retirement tax level is going to be. At the moment, I'm currently doing ~10% in my company 401k (company matches 50% up to 4% of my withholdings) and ~5% into a Roth. I do that b/c I know I probably want some tax diversity 35 years from now, just not sure how much.

If the changes are made, I'll definitely have no incentive to keep contributing to my Roth account (other than access to funds my work plan doesn't have). It will suck in the short- term, but should pay off in the end (the 15% tax mentioned in the next paragraph after what I pasted would suck).

One thing I haven't heard with the lowering of the corporate tax rate (which I support) is a closing of most of the tax loopholes on depreciation and inversion, something both conservatives and liberals both don't like, and would mitigate some of the revenue losses.
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     Goldman Sachs will get tRump squared away on this one - tigerdb MU - 4/25 09:53:55
     That would have been great for me. - Alferd Packer MU - 4/25 09:29:37
     learn to read. - dangertim MU - 4/25 08:57:56
          The intended 15% tax has no positive that I see. - Mo Texan MU - 4/25 09:38:04
               I disagree with that premise: - tigerdb MU - 4/25 10:12:42
                    Can only speak to my experience which does include - Mo Texan MU - 4/25 10:30:02
               are you saying you don't see positives in Roth plans?(nm) - SuperTone MU - 4/25 09:46:15
                    A Roth would be an example of my last sentence point(nm) - Mo Texan MU - 4/25 10:02:29
               End taxation. (nm) - ummmm MU - 4/25 09:41:04
          i.e. we are broke now, and we want to continue the - ummmm MU - 4/25 09:19:00
               lol, that is true. this is classic kick the can down the - dangertim MU - 4/25 09:20:05
                    Or, how about we cut social programs and defense spending - Hbombtiger STL - 4/25 09:28:17
                         All the libs want to balance the budget on the back of - Alferd Packer MU - 4/25 09:33:40
                         Def cut social programs - mizzouSECedes STL - 4/25 09:30:51
                              We spend far too much on defense and it's a waste really - Hbombtiger STL - 4/25 09:49:49
          which would be fine if we get a simplified tax code - SuperTone MU - 4/25 09:02:13
               yup, don't want to trade lower taxes now for higher - 90Tiger MU - 4/25 09:12:42
                    i'm planning on having a lower income during - SuperTone MU - 4/25 09:27:54
                         i'm praying to get out at 60 (nm) - 90Tiger MU - 4/25 09:31:50
                              arent we all. (nm) - DC Jayhawk KU - 4/25 09:33:44
                                   no. most will work until they die, get laid off and can't - 90Tiger MU - 4/25 09:49:33
                                        To be clearer - DC Jayhawk KU - 4/25 10:26:23
                                             it's depressing too - and didn't mean to be snarky in my - 90Tiger MU - 4/25 10:35:07
               that's a very good point. I'm not sure what my current - dangertim MU - 4/25 09:08:13
                    i'm 50/50 into 401k/roth at this point until - SuperTone MU - 4/25 09:27:22
                         just let me know when you got that weed ETF rolling - dangertim MU - 4/25 09:32:15
                              Shouldn't be long. Right now I'm stuck with individual - SuperTone MU - 4/25 09:47:06
                                   I'm not seeing Sessions going along with it TBH(nm) - dangertim MU - 4/25 09:53:50




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