Everything You Need to Know About Your 401(k) (Are You Losing Money?)
Money Guy Show
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Pre Tax, Paddy Would Have Had More Money
There are really two participants in this retirement plan. There is you the employee in your contributions, and then there is your employer with their contributions. Most plans will allow you to do pre tax four and k contribution. Your contributions goin before tax, and then distributions are taxed. You can make a million dollars a year and still contribute to a wroth for on.
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