David Kassir, Managing Director of Manna Wealth Management, an SEC-registered fiduciary wealth management firm, was quoted in Moneywise in an article by Brian O’Connell about why a growing number of high earners are rethinking the habit of maxing out a 401(k), and where they are putting the money instead. David’s view: ‘If you’re in a top bracket today and expect a lower one in retirement, the traditional deduction is worth real money right now.’ And: ‘For most high earners, the answer is not either or. It’s owning money in different tax buckets, so that in retirement you choose which dollar to spend, and what tax to pay, year by year.’ Read the full article on Moneywise: https://moneywise.com/retirement/401k-retirement-savings-strategy-alternatives-high-earners
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