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LEARN MORE ABOUT: Qualified Retirement Plans
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this video very old, is all this information up to date or still the same?
That’s not correct, you can contribute Roth into a qualified 401(k), the main difference is a qualified 401(k) has an IRS limit of $19,000, $6,000 for catch up, and allows pre and after Tax dollars, non qualified plan are typically “deferred compensation” plans and it mainly for the executives of a company and non qualified plans could be subject to discrimination unlike a qualified plan.
a traditional ira is not a qualified plan
Great video, but you are speaking way too fast. Just to let you know. Thanks
nice