Lielle is currently in the 24% tax bracket but expects to be in the 12% tax bracket when she retires. Her employer offers both traditional 401(k) and Roth 401(k) plans with matching contributions. Lielle wants to minimize her tax burden both now and in retirement. Which retirement plan is the best for Lielle?
Answer
A
Roth 401(k) with an aggressive investment strategy
B
Roth IRA with a conservative investment strategy
C
traditional 401(k) with a conservative investment strategy
D
traditional 401(k) with an aggressive investment strategy