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Re: Nukemtiltheyglow post# 396181

Wednesday, 12/21/2022 12:29:54 PM

Wednesday, December 21, 2022 12:29:54 PM

Post# of 427286
Almost forgot; The IRS taxes you for taking all the risks, as they still get their "cream off the top." Their cut.....regardless of the risks you take. I realize ROTH accounts help, but it has it's limitations, the IRS doesn't want to miss out on their cut, that's why they limit you on the amount you can set aside.
Did I mention Required Minimum Distributions (RMD's)? The IRS wants it's piece of flesh. You can't die and leave your children an inheritance. Of course your estate is taxed as well?
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