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> The modern 401(k) practices emerged from one of these then-obscure tax codes, which I view as an unabashedly good outcome. That's exhibit A of what I'm talki
by vmception 5y ago
> The modern 401(k) practices emerged from one of these then-obscure tax codes, which I view as an unabashedly good outcome.
That's exhibit A of what I'm talking about!
This is an article about IRAs being heavily restricted, 401k's are in the same 400-section of the tax code. IRAs are subsection 408, 401k's are subsection 401(k).
Literally just stop talking about it, stop trying to get a personal finance blog going, stop trying to get youtube views funnelled over to a personal finance discord server, just let unaware people run around like chickens with their heads cut off because when you tell them whatsup they try to get the laws changed when they fail to take advantage of it adequately
Ignorance is bliss and convenient, this is where we are. Just get the tax breaks you have because of your superior reading comprehension skills and eventually your ability to outsource and augment those skills to experienced lawyers and accountants with the same skills.