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Re: MrTraderJoe post# 47420

Tuesday, 11/24/2020 8:18:54 PM

Tuesday, November 24, 2020 8:18:54 PM

Post# of 202230
You'll pay taxes at end. . .when you start withdrawals. . .and that company's high fees too - - -you'll never get away scot-free, believe me!!

They'll lead you to believe you will pay later probably in a lower tax bracket. . .many begin withdrawals in their 'normal tax bracket;' usually that is pretty high too. YOU (and I) are going to pay. . .get ready for that at some point!!

The early advantage of Roth is that your money can build (while in the account) tax free!! You'll pay a good many taxes and company fees when you begin withdrawals.