Hello All,
My wife and I are both physicians (she is part-time urgent care, I am a hospitalist). We just found out that she has access to an unmatched 403b plan. We currently max out my 403b (matched at 6%) and both do backdoor Roth IRAs.
My question is whether there may be benefit for her to contribute a portion or all 18.5k to a Roth 403b versus the traditional 403b (I do not have this option). With the new tax changes, we are squarely in the 24% tax bracket. I was thinking that this may make the Roth 403b more appealing for these years when our tax bracket is lower.
thoughts?
My wife and I are both physicians (she is part-time urgent care, I am a hospitalist). We just found out that she has access to an unmatched 403b plan. We currently max out my 403b (matched at 6%) and both do backdoor Roth IRAs.
My question is whether there may be benefit for her to contribute a portion or all 18.5k to a Roth 403b versus the traditional 403b (I do not have this option). With the new tax changes, we are squarely in the 24% tax bracket. I was thinking that this may make the Roth 403b more appealing for these years when our tax bracket is lower.
thoughts?
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