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Pre tax vs post tax investing for retirement

Октябрь 2, 2012

pre tax vs post tax investing for retirement

What's the difference between pre-tax and post-tax? A pre-tax contribution is when the amount contributed to a retirement plan is deducted from gross wages (the. Income above the standard deduction amount starts being taxed at the 10% rate. If you have started taking Social Security benefits those amounts should be. A key benefit of a pre-tax retirement savings account is the potential to reduce your taxable income today, and not pay taxes until you withdraw your money. BEST BETTING SITES IN NIGERIA QUEENS

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