The Ultimate Traditional vs. Roth 401(k) Strategy
The Money with Katie Show
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The Benefits of a Roth Account
Roth is one of those financial terms that elicits the nods and smiles but then you're googling under the table on your phone. The IRS has not yet taken out its cut of that $250 contribution to a traditional plan instead it's gonna bite its time on the promise that at 59 and a half years old when you are able to withdraw that you're gonna pay taxes on your withdrawals. Roth retirement account provides tax-free payday later in life.
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