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Says in the article he was below the limit. If you're reasonably wealthy and you start a firm, there's no problem just taking a smaller salary. It's a little b
by lordnacho 5y ago
Says in the article he was below the limit.
If you're reasonably wealthy and you start a firm, there's no problem just taking a smaller salary. It's a little bit surprising that the rules don't address this though. Why not just say Roth IRA is for people with net worth under some figure? Or as mentioned in the article, put a cap on the amount of tax exempt money?