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Hedgeye NexGen: Building Wealth for Young & New Investors | Episode 18 | Retirement Accounts

Hedgeye Podcasts

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Understanding 401(k) Contributions and Tax Benefits

This chapter explores the importance of 401(k) contributions and their tax benefits, detailing maximum contribution limits and their effects on taxable income. By analyzing various tax brackets, particularly in Connecticut, it illustrates the financial advantages and potential savings of tax-deferred retirement savings.

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