Todd Bramson, CFP, CLU is a financial adviser with North Star Resource Group in Madison, WI.
403(b)s are addressed
A: You probably should switch your 5 percent contribution to the Roth component. As a resident, you are in the 15 percent tax bracket. When you finish your training, your income and tax bracket should grow substantially. Assuming that trend continues, and at retirement you remain in a higher tax bracket than you are in now, you achieve the tax leverage desired.