#401k #retirement #taxes
Would you take this check?
Well there is not much different than this scenario and your 401k, IRA, (qualified money) etc…
Why?
Because you are DEFERRING TAXES out to a point in time when the government gets to decide what rate they will tax you…
And if you understand the history of taxes and the national debt – taxes only have one direction to go 🆙
Taxes are on sale. Have you taken advantage of them?
Keep smiling…(read more)
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great info on the importance of understanding taxes! keep up the great work
If you believe like most financially educated people that TAXES will be higher in the future… why would you defer them? TAXES ARE ON SALE right now! It is your choice to be proactive or reactive like most people are.
Wow what a great analogy… I will NOT defer taxes – I don't trust the government with MY money.