What are the Tax Advantages of a 401(k)?

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2024-05-09 19:13:11 -

When you are comparing the different retirement plans, one thing that you need to consider are the tax advantages. You want your money to work hard for you, rather than having a bunch of it eaten by penalties and fees before you even get to touch it. This is why, regardless of which plan you go with for retirement, the 401(k) or the Roth IRA, you need to be 59 ½ to make that happen,...

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