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REMINDER: You're 401k ane Roth IRA will be heavily taxed, redistributed to poors

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mind-boggling generalized bond
  02/19/18
I agree that dems are going to distribute all our money to p...
french underhanded wrinkle windowlicker
  02/19/18
Consumption tax ftw
bistre set
  02/19/18
?
rebellious field
  02/19/18
They won't redistribute rich people's money though. Just mi...
frozen lilac locus regret
  02/19/18
Yup. Actual rich will still be buying off the politicians
french underhanded wrinkle windowlicker
  02/19/18
There is only so much they can do with trad. 401k balances s...
Aggressive spruce candlestick maker mental disorder
  02/19/18
What are the other reasons? Not paying capital gains taxes ...
french underhanded wrinkle windowlicker
  02/19/18
Well if you are biglaw or something similar, there will like...
Aggressive spruce candlestick maker mental disorder
  02/19/18
see moniker
passionate reading party
  02/19/18
...
frozen lilac locus regret
  02/19/18
I don't have to withdrawal any money from my IRA until I'm 7...
cruel-hearted hospital hunting ground
  02/19/18
but thats part of the price you pay
diverse violet parlor
  02/19/18
So what can they do in the meantime? IRA funds only get taxe...
cruel-hearted hospital hunting ground
  02/19/18


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Date: February 19th, 2018 1:32 PM
Author: mind-boggling generalized bond



(http://www.autoadmit.com/thread.php?thread_id=3897534&forum_id=2#35437408)



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Date: February 19th, 2018 1:42 PM
Author: french underhanded wrinkle windowlicker

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

(http://www.autoadmit.com/thread.php?thread_id=3897534&forum_id=2#35437500)



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Date: February 19th, 2018 1:55 PM
Author: bistre set

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: rebellious 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: frozen lilac locus regret

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: french underhanded wrinkle windowlicker

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: Aggressive spruce candlestick maker mental disorder

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: french underhanded wrinkle windowlicker

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: Aggressive spruce candlestick maker mental disorder

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: passionate reading party

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: frozen lilac locus regret



(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: cruel-hearted hospital hunting ground

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: diverse violet parlor

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: cruel-hearted hospital hunting ground

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)