28 min
Best of RRR - The 401k Scam Retirement Rescue Radio
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- Investing
What we’ve been told about the tax savings in these plans is a lie.
Key takeaways:
How did they sell it to us? Who stands to benefit from it? Nate gives a hypothetical example of how one could potentially end up paying more taxes in retirement that you saved during your working career! What to do instead to help avoid that happening. What amount should you have in these plans when you retire to help avoid paying tax on your Social Security income.
What we’ve been told about the tax savings in these plans is a lie.
Key takeaways:
How did they sell it to us? Who stands to benefit from it? Nate gives a hypothetical example of how one could potentially end up paying more taxes in retirement that you saved during your working career! What to do instead to help avoid that happening. What amount should you have in these plans when you retire to help avoid paying tax on your Social Security income.
28 min