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401K rules-Biden administration
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<blockquote data-quote="AKCoverMan" data-source="post: 5467834" data-attributes="member: 17867"><p>Problem is you cant put enough in IRA. I max out 401k and IRA both each year. All money invested in broad index funds not worried about any ESG scores thats All smoke and mirrors virtue signaling. A broad index fund will invest both in Oil companies and Solar farms alike. </p><p></p><p>Also I invest all 401k and IRA contributions as “Roth” contributions rather than “traditional“. I pay income tax up front so that when I use money in retirement it is all tax free…including all the growth thru the years.</p></blockquote><p></p>
[QUOTE="AKCoverMan, post: 5467834, member: 17867"] Problem is you cant put enough in IRA. I max out 401k and IRA both each year. All money invested in broad index funds not worried about any ESG scores thats All smoke and mirrors virtue signaling. A broad index fund will invest both in Oil companies and Solar farms alike. Also I invest all 401k and IRA contributions as “Roth” contributions rather than “traditional“. I pay income tax up front so that when I use money in retirement it is all tax free…including all the growth thru the years. [/QUOTE]
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