Khan Academy on Roth IRAs…(read more)
LEARN MORE ABOUT: IRA Accounts
INVESTING IN A GOLD IRA: Gold IRA Account
INVESTING IN A SILVER IRA: Silver IRA Account
REVEALED: Best Gold Backed IRA
Day 2: Investing Just $1 Every Day for Financial Freedom #Finance
Welcome back to the second day of our $1 every day investing challenge! If you missed the...
He reposted this video and never read his comments obviously lol..
3,400 * 2 never = 7,800
What? It is like a Hollywood!
Hmm, did I just saw a stream of posts "Where is this company at? I wanted to work there?" Well lucky you….
Take home pay with a bag of BigMac sounded good to some people! how about free rent at the company's parking lots and provided with furnishing custom RV's? what? ain't it cool? and company provided high fence and, and, …did I mention security gated entrances with, with barbed wires and siren available 24/7.
So working for minimum wage and then awarded with $30K valued of goods but are now used and valueless at the end of the year sounded better?
Company's BMW 200K miles plus well maint. fleet are the bomb!! minus the insurance!
Sudden the idea of getting a yearly bonus with company properties sounded good to you? what? upgrade are tax deductible, part of cost?
Yea, the final conclusion is wrong because of the 3400 x 2 = 7800 error.
This is a pretty fundamental misunderstanding. If you are making a very high income now and are taxed at say 35%, you will likely not be making that much after you retire. So a traditional IRA is better because you are getting a slightly lower rate.
If you are making a fairly low income right now and getting taxed at only 20% then the Roth is probably better because you may be in a higher bracket later, or need cash.