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Retirement accounts (401k, IRA, 403b, etc) are unaffected by taxes on investment income (capital gains, dividend payouts, etc.) Maxing out those retirement acco
by the_gastropod 9y ago
Retirement accounts (401k, IRA, 403b, etc) are unaffected by taxes on investment income (capital gains, dividend payouts, etc.) Maxing out those retirement accounts (~$23.5k per person) is far more than most people save each year. So I don't think raising taxes on investment income would impact retirement much at all.
- vasilipupkin 9y agoretirement accounts are exhibit A in why it's good to tax investment income at a lower rate. they are basically investment income taxed at zero.