Christopher Carosa, CTFA posted an update in the group Communication 9 years, 2 months ago
From a tax standpoint, Are people better or worse off investing in a 401k plan? Lately, there’s been much discussion surrounding the tax benefits of 401k plans. Many say, with tax rates so low, there’s no reason to invest in a 401k or any other tax deferred savings plan. Tell us what you think below. In either case, you might be surprised by the findings of a soon-to-be-published White Paper on the subject as reported in the attached article:
[bpfb_link url=’http://fiduciarynews.com/2013/09/fact-or-fiction-slaying-the-myth-of-the-401k-tax-advantage-myth/’ title=’
Fact or Fiction? Slaying the Myth of the 401k Tax Advantage Myth | FiduciaryNews ‘ image=’http://fiduciarynews.com/wp-content/uploads/2013/09/1412579_12946865_dragon_in_the_sky_stock_xchng_royalty_free_300.jpg’]It’s like winning the lottery. In exchange for getting money you wouldn’t have otherwise received, you’ll have to give some of it to Uncle Sam. Uncle Sam gets more taxes. You get more money. It’s a win-win![/bpfb_link]