My husband is self employed and his income can be difficult to predict. We've done Traditional IRAs for the last 2 years and I've started contributing to our Traditionals for 2016. We are expecting he will need to purchase a new work truck this year, resulting in a large write off where Roths might make more sense.
Does it make a difference if I contribute to the Traditionals and recharacterize to Roths if necessary? Or is it better to contribute to Roths and recharacterize to Traditionals if necessary? I'm thinking it makes zero difference but just wanted to double check.
We plan to fully max my 401K, and to either max or nearly max his solo 401K.