I'm 56 yrs. old and my wife is 51. I plan on retiring at age 67. We are in the current 33% tax bracket. I have an unmatched 401k(no rollovers allowed). We both have non-deductible TIRA's(plus old Roth IRA accounts) plus a relatively tax efficient joint taxable account. We don't have the funds readily available to cover a Roth conversion and we anticipate being in a lower tax bracket(15%-25%) in retirement. Would it be tax-wise to just keep maxing my 401k and limit my contributions to our joint taxable account only(which would only be subjected to capital gains tax)?
Thanks,
Andy
Thanks,
Andy
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