News Focus
News Focus
icon url

Mustangsrmine

11/24/20 8:03 PM

#47424 RE: MrTraderJoe #47420

I already max mine out and my wife's..... Pennies are my play monies.
icon url

armstjo1

11/24/20 8:18 PM

#47440 RE: MrTraderJoe #47420

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.