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0 Views • Nov 25, 2024 • Click to toggle off description
While this can be a great way to save for retirement, it's important to understand the 𝘁𝗮𝘅 𝗶𝗺𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀... 🙇
Your contributions to a Roth IRA are taxed upfront, while the employer match portion is tax-deferred. This can create a scenario where you're 𝗽𝘂𝗹𝗹𝗶𝗻𝗴 𝗶𝗻𝗰𝗼𝗺𝗲 𝗳𝗿𝗼𝗺 𝗯𝗼𝘁𝗵 𝘀𝗶𝗱𝗲𝘀 𝗼𝗳 𝘁𝗵𝗲 𝘁𝗮𝘅 𝗳𝗲𝗻𝗰𝗲 later down the line.
Interested in more helpful tips and sound financial insight? Check out our channel! 🧑💻
#taxes #taxplanning #taxfree #Roth #RothIRA #employermatch #retirementplanning
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Uploaded At Nov 25, 2024 ^^
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RYD date created : 2024-12-10T13:41:34.7267157Z
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