Track_Shovel@slrpnk.net to Lemmy Shitpost@lemmy.worldEnglish · 2 months agoJust getting into a little bit of Troublesslrpnk.netimagemessage-square28linkfedilinkarrow-up1578arrow-down14
arrow-up1574arrow-down1imageJust getting into a little bit of Troublesslrpnk.netTrack_Shovel@slrpnk.net to Lemmy Shitpost@lemmy.worldEnglish · 2 months agomessage-square28linkfedilink
minus-squareSpiceDealer@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up5·2 months ago …depending on the type of IRA chosen. Are there two options, by any chance? Provisional? Official?
minus-squareexpatriado@lemmy.worldlinkfedilinkarrow-up5·2 months agopre-tax “traditional” and post-tax “Roth”, named after a politician that pushed retirement tax laws 30-40 years ago
minus-squareW98BSoD@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up2·2 months agoAnd depending on where you plan to retire (amongst other factors) influences which you choose to contribute to. Remember kids, index funds in your IRA/401k are your friend. Stay away from mutual funds.
Are there two options, by any chance? Provisional? Official?
pre-tax “traditional” and post-tax “Roth”, named after a politician that pushed retirement tax laws 30-40 years ago
And depending on where you plan to retire (amongst other factors) influences which you choose to contribute to.
Remember kids, index funds in your IRA/401k are your friend. Stay away from mutual funds.