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January 16th

Roth 401k vs. Traditional 401k: Which is Right for You?

Selecting between a Roth 401(k) and a Traditional 401(k) is a significant choice that shapes how your retirement savings grow and how they’re taxed. Both options offer significant benefits, but the right choice depends on your unique financial situation, tax outlook, and retirement goals.

In this video, we guide you through what you need to know about Roth and Traditional 401(k) accounts, including:

  • How to prioritize your savings (emergency funds, employer matches, and debt management).
  • Key differences between Roth and Traditional 401(k)s, especially how taxes play a role now and in the future.
  • When it makes sense to choose a Roth 401(k) over a Traditional 401(k)—and vice versa.
  • Strategies for maximizing your retirement contributions and aligning them with your financial goals.

Whether you're just starting your retirement planning journey or revisiting your strategy, this video has actionable insights to help you along the way.

This content was written by Spencer S. Hall CFP®, RLP ®, CKA ®, MBA, MDiv

Spencer is a Certified Financial Planner™ with 14 years in the field of retirement and financial planning. As a second-generation financial advisor at Retirement Planning Services, Spencer brings a wealth of experience and passion to help clients align their wealth with their core values.

Advisory services offered through Retirement Planning Services, LLC.

The information in this article is intended for general educational and informational purposes only, and should not be construed as investment advisory, financial planning, legal, tax, or other professional advice based on your specific situation. Please consult with your professional advisor(s) before taking any action based on its contents.