10/09/2026
💵 Traditional 401(k): Contributions are generally made before taxes, lowering your taxable income today. You pay taxes when you withdraw the money in retirement.
💰 Roth IRA: Contributions are made with money you've already paid taxes on. Your investments can grow tax-free, and qualified withdrawals in retirement are tax-free, too!
My personal favorite? The Roth IRA! 🙋♀️
I LOVE the idea of tax-free investment growth and not having to worry about federal income taxes on qualified withdrawals in retirement.
But here's the thing: What's best for me might not be what's best for you.
Employer matches, income, tax brackets, contribution limits, and retirement goals all matter. And remember, some employers offer a Roth 401(k), too!
✨ The goal isn't to copy someone else's financial decisions. It's to understand your options and make the ones that benefit YOU.
For educational purposes only. Not financial advice.
💗 Follow The Money Nurse | Sarah Broderick RN for real conversations, practical advice, and strategies to help healthcare workers make more money, recognize opportunities, build businesses, and make smarter decisions.
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