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401k...learning the market
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<blockquote data-quote="Re-Raise" data-source="post: 945151" data-attributes="member: 16501"><p>First off AJ , I am going to need your address so I can send you a graduation invitation for my daughters.</p><p></p><p>And secondly, I have never thought about it until now, how much better it is to fund a Roth Ira when you are young. Since you are making so little at that age you are in a much lower marginal tax bracket which takes away some of the tax advantages of a traditional IRA or a 401K.</p></blockquote><p></p>
[QUOTE="Re-Raise, post: 945151, member: 16501"] First off AJ , I am going to need your address so I can send you a graduation invitation for my daughters. And secondly, I have never thought about it until now, how much better it is to fund a Roth Ira when you are young. Since you are making so little at that age you are in a much lower marginal tax bracket which takes away some of the tax advantages of a traditional IRA or a 401K. [/QUOTE]
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