Hmm, this is interesting. Seems like it would be better than the current system for anyone in a tax bracket under 26%. For someone in one of the tax brackets above 26% whether it’s still worth contributing would probably depend on how many years of tax-free compounding you will get and your expected retirement tax…
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King of Prussia, PA — (ReleaseWire) — 01/20/2021 — Crash Proof Retirement, LLC continues to soar above and beyond in the financial industry and is pleased to announce that, despite the global pandemic, they matched their employees’ 2020 401k contributions at a rate of 144%. Following an incredibly successful performance in 2020, Crash Proof Retirement…
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Read articleFor example, if a 50-year-old buys a $500,000 annuity with lifetime income and wants to retire in 10 years at age 60, that person would receive about $53,110 a year for the rest of their life. If you live for 30 years in retirement, you will receive $1.6 million in payments. How much savings does…
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