Other than 401k and IRA, what are other CR ways to grow money taxfree?
| .,.,.,...,,,,..,.,.,..,..., | 06/30/24 | | bloomington | 06/30/24 | | Alien vs Predator vs Brown vs Board of Education | 06/30/24 | | .,.,,...,...,..,....,...,...,... | 06/30/24 |
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Date: June 30th, 2024 7:53 PM
Author: .,.,.,...,,,,..,.,.,..,...,
Assume I make under 100k, so I'm contributing to a Roth IRA/401k plan. Hit the max on the former, on track I think to almost max out the $23k annual 401k limit. I'm a frugal singlemo so it's easy to save considerably. Anything else I can do?
(http://www.autoadmit.com/thread.php?thread_id=5548259&forum_id=2...id.#47795888) |
Date: June 30th, 2024 7:57 PM Author: bloomington (🦬)
HSAs can be cr
One key thing you can do is to simply leave it in there and let it ride even when you have qualified expenses. You just keep the documentation of those expenses and withdraw years down the road
(http://www.autoadmit.com/thread.php?thread_id=5548259&forum_id=2...id.#47795897) |
Date: June 30th, 2024 8:57 PM
Author: .,.,,...,...,..,....,...,...,...
Aside from an HSA, the only other option I can think of would be to start a side hustle and then make an employer contribution to a solo 401k. But unless your side hustle pays you six figures, the max contribution will be so low that it's probably not worth the trouble.
(http://www.autoadmit.com/thread.php?thread_id=5548259&forum_id=2...id.#47796057) |
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