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Old 04-09-2008, 09:18 PM
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BRUTAL BRUTAL is online now
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Quote:
Originally Posted by agtitan06 View Post
That's on a traditional 401k. Many companies offer roth-401k's...The money you contribute to a roth-401k (or roth-IRA) are after-tax dollars....so you pay the tax on the money now...BUT...and here's the best part...you NEVER pay taxes on the earnings even when you withdraw the money at retirement!
Thats why I have a Roth ira, since I only have a traditional 401k at work. And try to max out both yearly, I meen I dont want to turn wrenches forever
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