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Re: The Investment Thread (help with savings, stocks, retirement funds, etc.)
Quote:
Originally Posted by AJF_41
401K cums out of your check.
IRA and Roth IRA don't.
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Quote:
Originally Posted by unccrombie
well, a roth account is post tax. so no. but yeah, everything needs to come pre tax to reduce your "reported" income.
IRA's are non employer based retirement accounts (hence the individual retirement name). it's what you'd roll your 401k in to if you changed jobs.
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Gotcha - I see.
So other than a 401K, what are other possible "pre tax" options?
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-Arby
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