Tim Steffen Discusses Roth vs. Traditional Contributions with Morningstar

Baird’s Director of Advanced Planning Tim Steffen joined Morningstar to discuss how investors should think about choosing between Roth and traditional retirement plan contributions. Steffen covers what the differences could mean for long-term planning.

He also explains that while Roth contributions offer the potential for tax-free withdrawals in retirement, traditional contributions may still be advantageous in certain situations. He highlights differences in tax treatment, noting that the right approach depends on an individual’s current tax situation and future expectations.

Watch the video on Morningstar.com

This video is part of a series with Morningstar. Watch part one on how the ‘Mega-Backdoor’ Roth works, part two on new 401(k) catch-up contribution rules and part three on Trump Accounts vs. 529 Plans.