InvestorsHub Logo
Followers 21
Posts 1988
Boards Moderated 0
Alias Born 11/14/2018

Re: bigtalan post# 181824

Thursday, 07/13/2023 9:43:53 PM

Thursday, July 13, 2023 9:43:53 PM

Post# of 199198
DYNO
You also have as 29 said 401's which in most cases have higher deposit allowed you have to look into what is allowed, state employees have an optional 457 plans that allow deposit limits of 20k per year. Thoses also save on taxes upfront , you pay taxes as it is drawn out in retirement adding to your income tax at that point.

https://www.kiplinger.com/retirement/retirement-plans/603952/457-contribution-limits-for-2022

https://www.forbes.com/advisor/retirement/401k-contribution-limits/

Again look into all your options and what meets your needs long term and tax liabilities . Good luck.
Bullish
Bullish