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re: 401k tax advantages - am I calculating correctly?
Posted on 3/26/23 at 12:11 am to furrydogs
Posted on 3/26/23 at 12:11 am to furrydogs
Why? He’s in a high tax bracket - 32 percent. He’ll need and make less at retirement and likely be in a lower tax bracket so I’d reduce my taxes now my maxing in a traditional 401k vs a Roth 401k. Put what you save in taxes in another form of investment.
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