Submitted by Wowerful t3_125xg4c in explainlikeimfive
Leucippus1 t1_je6nwmq wrote
Reply to comment by homeboi808 in ELI5: What’s the difference between PRE TAX, ROTH BASIC, and AFTER TAX? by Wowerful
Oh, maybe your right, it is the same idea though - except 401(k)s are employee sponsored and are subject to different limits. The fundamental tax question is the same.
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