Jump to content


Photo
- - - - -

how Roth 401K plan takes many of the advantages of the Roth IRA


  • Please log in to reply
2 replies to this topic

#1 seomarketgoal

seomarketgoal

    Newbie

  • Members
  • Pip
  • 2 posts

Posted 02 May 2012 - 11:47 PM

Do you want to know how Roth 401K plan takes many of the advantages of the Roth IRA. For the complete details you can go to 401k GPS site. 401k GPS is an investment advisory firm located in USA.
............................................................................................
What is 401k, 401k limits

#2 Smiley

Smiley

    Administrator

  • Root Admin
  • PipPipPip
  • 1,739 posts
  • Gender:Male
  • Location:Chatsworth, Illinois, USA

Posted 03 May 2012 - 08:03 PM

I Don't do ROTH's, probably should, at least with some funds.

I'm 48, still got 20 more years before SocialSecurity, if still there.

My understanding is there is Limit Withdraws per year or are
Double Taxed.

People First, Then Money, Then Things! ~ Suze Orman



SmileyTraffic.com


#3 Smiley

Smiley

    Administrator

  • Root Admin
  • PipPipPip
  • 1,739 posts
  • Gender:Male
  • Location:Chatsworth, Illinois, USA

Posted 03 May 2012 - 08:13 PM

What I mean by Double Taxed, Is money put in is Not Tax deffered,
you already paid tax on it, over so much withdrawed in a year, you
get taxed again as income.

401k's is tax deferred, over so much withdrawed, you pay tax once
as income

Correct me if I'm wrong.
Never got into Roth's, so Don't know enough about them, just some
things I've read.

People First, Then Money, Then Things! ~ Suze Orman



SmileyTraffic.com





0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users