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REMINDER: You're 401k ane Roth IRA will be heavily taxed, redistributed to poors
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Date: February 19th, 2018 1:32 PM Author: snowy shitlib (http://www.autoadmit.com/thread.php?thread_id=3897534&forum_id=2#35437408) |
Date: February 19th, 2018 1:42 PM Author: maroon volcanic crater I agree that dems are going to distribute all our money to poors eventually.
Don't think it'll be through extra taxes on 401k's or new taxes on Roth |
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Date: February 19th, 2018 1:55 PM Author: Amethyst titillating hairy legs Consumption tax ftw (http://www.autoadmit.com/thread.php?thread_id=3897534&forum_id=2#35437611) |
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Date: February 19th, 2018 1:48 PM Author: primrose soul-stirring pistol field ? (http://www.autoadmit.com/thread.php?thread_id=3897534&forum_id=2#35437552) |
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Date: February 19th, 2018 1:57 PM Author: Up-to-no-good Rehab They won't redistribute rich people's money though. Just middle/upper-middle class wagecucks who will lay down and take it. (http://www.autoadmit.com/thread.php?thread_id=3897534&forum_id=2#35437622) |
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Date: February 19th, 2018 2:03 PM Author: maroon volcanic crater Yup. Actual rich will still be buying off the politicians (http://www.autoadmit.com/thread.php?thread_id=3897534&forum_id=2#35437647) |
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Date: February 19th, 2018 2:00 PM Author: provocative dysfunction There is only so much they can do with trad. 401k balances since they already have to be taxed. It's another reason to avoid Roth 401K, where you risk getting double taxed. (http://www.autoadmit.com/thread.php?thread_id=3897534&forum_id=2#35437635) |
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Date: February 19th, 2018 2:03 PM Author: maroon volcanic crater What are the other reasons? Not paying capital gains taxes outweighs any downsides IMO. (http://www.autoadmit.com/thread.php?thread_id=3897534&forum_id=2#35437650) |
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Date: February 19th, 2018 2:08 PM Author: provocative dysfunction Well if you are biglaw or something similar, there will likely be times in the future when you have much less annual income and can move over money from a trad. 401K to a roth 401K basically tax free. (http://www.autoadmit.com/thread.php?thread_id=3897534&forum_id=2#35437674) |
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Date: February 19th, 2018 2:11 PM Author: cerebral french chef see moniker (http://www.autoadmit.com/thread.php?thread_id=3897534&forum_id=2#35437686) |
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Date: February 19th, 2018 2:12 PM Author: Up-to-no-good Rehab (http://www.autoadmit.com/thread.php?thread_id=3897534&forum_id=2#35437697) |
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Date: February 19th, 2018 2:18 PM Author: Indecent digit ratio I don't have to withdrawal any money from my IRA until I'm 70, though. That's nearly 40 years from now. (http://www.autoadmit.com/thread.php?thread_id=3897534&forum_id=2#35437743) |
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Date: February 19th, 2018 2:19 PM Author: Aphrodisiac rough-skinned locus gaping but thats part of the price you pay (http://www.autoadmit.com/thread.php?thread_id=3897534&forum_id=2#35437749) |
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Date: February 19th, 2018 2:20 PM Author: Indecent digit ratio So what can they do in the meantime? IRA funds only get taxed when they're taken out...I don't plan on withdrawing any funds until I'm nearing retirement. (http://www.autoadmit.com/thread.php?thread_id=3897534&forum_id=2#35437759) |