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Just thinking: The 401k was NEVER meant to be a primary long term retirement account for the American *worker*. It was designed as a tax dodge for the business and corporate executives.
Just thinking: The 401k was NEVER meant to be a primary long term retirement account for the American *worker*. It was designed as a tax dodge for the business and corporate executives.
@sardonicsmile It's not a tax dodge; it's a deferral. Employees still pay taxes on their withdrawals, and the only tax "benefit" the business itself can claim is it can write-off their contributions