Sean Mullaney
speaker
1,197 appearances
2 recordings
2 series
first heard Jan 2026
last heard 23 Apr
Sean Mullaney’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Apr 2026 with 1.
Appearances
Now, particularly for the early retiree, the 60s could be a great time to maybe get some of that money and either Roth convert it in your 60s or just live off of it in your 60s
And some of it will be sheltered by the standard deduction.
I refer to that as the hidden Roth IRA.
We took money from a retirement account and we didn't pay federal income tax.
Isn't that a Roth IRA?
Well, not in this case.
That's what I refer to as a hidden Roth IRA.
It's a Roth IRA that lurks, that hides inside your 401k.
And I think a lot of Americans have to think long and hard before sacrificing the upfront tax deduction.
Now I will say it's usually beneficial to invest that tax savings in a Roth IRA or a taxable brokerage, but boy, that is a upfront benefit.
And it turns out that the progressive nature of taxation going back up through the brackets means that it's very likely that on the way out, the marginal rate on that is gonna be less than the rate that you enjoyed on the way into the traditional 401k.
Now, Robert, I will say one thing though.
I'm not anti-Roth,
particularly for those in the audience that have access to either the so-called backdoor Roth IRA or the mega backdoor Roth IRA.
So these are transactions that allow higher income earners to get money into a Roth account.
I tend to really like those once we've maxed out our traditional 401k say at work,
For many workers, why do I say that?
Trade-offs.
Traditional 401k, that 24,500 in the year 2026.
Well, the trade-off there is I either deduct at my highest marginal rate today or I put it into the Roth 401k.
Showing 1081–1100 of 1,197 · page 55 of 60
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