The Physician's Guide To Financial Wellness
Trent DeBruin, Andrew Musbach
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Roth or Pre-Tax Retirement Contributions – Which Should You Make?
• 21 minFor most employer retirement plans, such as a 401k or 403b, you have the option of making either Roth or pre-tax (also known as traditional) contributions. However, not everyone understands the difference between the two types of contributions, let alone the significant implications for their lifetime tax bill (or that of their heirs). In this episode, we dive into a discussion of Roth versus pre-tax contributions, explaining what they are and how they work, as well as sharing some perspective around how to think about the two relative to your own situation, in order to decide which is right for you. Resources & People Mentioned Download our guide: The Toolkit for Optimizing Your Finances as an Employed Physician Download our guide: The Financial Checkup Episode #3: 6 Ways to Save on Taxes as an Employed Physician Episode #15: How to Minimize Your Tax Bill in Retirement Connect With Trent and Andrew https://mdwmllc.com Follow on LinkedIn Follow on Facebook Subscribe to The Physician’s Guide To Financial Wellness on Apple Podcast, Spotify, and Google Podcast
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