They might not adequately understand the fallout from their decision, but taxpayers generally prefer back-loaded (Roth) retirement plans to front-loaded (traditional) ones.

That's according to a study from the Center for Retirement Research at Boston College, which also finds that, despite their apparent preference, individuals put a lot more money into front-loaded plans than they do back-loaded ones.

The apparent contradiction between preferences and actions can likely be partly explained by people's lack of awareness and understanding of how their choices affect expected tax-rate changes.

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