Saving for Retirement: Choosing Between Tax-Deferred & Tax-Exempt Savings.
Have you ever found yourself thinking where are the best places to save money for retirement? Is it better to save to a tax-deferred account like a 401(k), tax-free account like a Roth IRA, or taxable account? I get it. It can be confusing, but my response is always the same: it depends on your tax bracket.