401 k

Savings account with some tax benefits?
If you do the pre-tax option you get immediate tax deduction on your current income taxes, depending on your tax rate could be a big savings. If you use the Roth option you do not get immediate tax break but when you pull all your money out everything is tax free.
 

Grey

Well-Known Member
If you do the pre-tax option you get immediate tax deduction on your current income taxes, depending on your tax rate could be a big savings. If you use the Roth option you do not get immediate tax break but when you pull all your money out everything is tax free.

What is your rate for financial advisement?
 
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