Subject: Re: OT - advice for my son
When the time comes to withdraw it, it will be at his average tax rate (assuming it will be his main source of income), which he can expect to be much lower.

Maybe, maybe not. Considering that he has a strong savings program at age 24, he is likely to be a multimillionaire by the time he retires. 4% (which is about where RMDs start) of, say, $4 million is $160K. Plus, of course, he will have other income streams such as interest and dividends, annuities and Social Security.

DB2