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retirement saversMarketWatch
•75% Informative
Ed Slott is the author of " The Retirement Savings Time Bomb Ticks Louder " He says savers will probably end up paying more if they wait to pay the taxes on their retirement accounts.
Traditional 401(k) and Roth accounts are funded with after-tax contributions so the money grows tax-free.
Use up today ’s tax brackets to get into the lowest tax brackets, says Slott .
The key is to control the taxes you pay in retirement, he says.
People don’t want to pay taxes upfront but the taxes on retirement savings is not if, but when, Slott says.
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