2min chapter

Money Guy Show cover image

"I'm 25 and Make $240k - What Should I Do?"

Money Guy Show

CHAPTER

Introduction

Zachary: My 401k offers three contribution options. Free tax, Roth, and voluntary after tax. In what situation would I choose voluntary after tax? What's the benefit over traditional savings? Zachary: You could put $66,000 into your 401k if you so chose by doing the after tax. But the earnings are taxable or near income just like all of your other pre-tax amount.

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