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Can a Taxable Account Beat a 401(k)?
- Tax-Sheltered retirement plans, like 401s, provide benefits such as automatic investments and tax breaks for contributions and compounding.
- High administrative costs and poor investment options can reduce the benefits of 401s, affecting their tax-saving features.
- Investors should consider their tax situations and 401 quality when choosing account types to fund.
- Taxable accounts may be favorable for those in high tax brackets at retirement due to better tax treatment on distributions.
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18 Articles
18 Articles
Associated Press News+16 Reposted by 16 other sources
Can a Taxable Account Beat a 401(k)?
Being advised to max out your 401(k)is Personal Finance 101. But is that universally solid guidance?
·United States
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Coverage Details
Total News Sources18
Leaning Left7Leaning Right1Center5Last UpdatedBias Distribution54% Left
Bias Distribution
- 54% of the sources lean Left
54% Left
L 54%
C 38%
Factuality
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