Learn more about biblically responsible investing by visiting our website at www.financialissues.org
Watch Dan Live everyday from 9 a.m. – 12 p.m. at
Like Dan on Facebook:
Follow Dan on Twitter:
Follow Dan on Instagram:
Financial Issues – Program…(read more)
LEARN MORE ABOUT: 401k Plans
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
There is no tax deduction from a 401k. Please stop saying that
Suffer an ignoramus some questions:What taxes are paid when monies are withdrawn: capital gains and whatever sales tax is paid on the sale of the stock? When one says that money is in a 401k growing without having tax paid on it, are they usually talking about something similar to a savings account where compounding is happening, or are they talking about capital gains, or both? Are the taxes on withdrawing usually less than what one would pay just buying and holding stocks? How is this advantageous?