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Average 401(k) Balance by Age (2023 Edition)

Money Guy Show

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The Advantages of a Roth 401k Option

The Roth option allows you to potentially become a completely tax-free millionaire. This is the one that's been around since the beginning of 401k. If you're someone and you look at your marginal federal bracket and your marginal state rate and you're above 30%, well, then that current year tax benefit is really hard to walk away from.

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