Roth 401k for new attending

[Raj]

I am a new attending, just started working this week. I am currently on a fixed salary contract for 2 years. This year (2016) my marginal tax rate would be 28% and effective 20% since i was on a fellow's salary for the first half of the year. In 2017, my marginal tax rate would be 39.6% and effective tax rate would be 27.2%.

I plan on maximizing 457b and 401k.

Should i be doing roth 401K rather than a traditional 401k this year?

[jfoxcpacfp]

Raj wrote:

I am a new attending, just started working this week. I am currently on a fixed salary contract for 2 years. This year (2016) my marginal tax rate would be 28% and effective 20% since i was on a fellow’s salary for the first half of the year. In 2017, my marginal tax rate would be 39.6% and effective tax rate would be 27.2%.

I plan on maximizing 457b and 401k.

Should i be doing roth 401K rather than a traditional 401k this year?

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That depends upon your goals and preferences. If you can afford the Roth-k this year, I would probably recommend it. Note that any funds contributed by your employer will be traditional, not Roth.