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Everything You Need to Know About Finances in Your 20s

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The Benefits of a Roth IRA

When you go to elect your 401k or retirement contributions, you get to choose tax deferred or tax free because a lot of plans now have a Roth option. The employer money always goes into that tax deferred bucket. So naturally, even if you're doing Roth contributions, you're going to get some tax deferred dollars being built up when you're in your 20s.

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