Submitted by [deleted] t3_zn0kkg in jerseycity
[deleted]
Comments
imaluckyduckie t1_j0ee80z wrote
Also, a ROTH 401K is not the same as a ROTH IRA. You can walk into any wealth management office (Merrill Lynch, Fidelity, TDA) and they will set one up for you for free.
Right-Welcome-9106 t1_j0ej0lr wrote
A ROTH won’t lower your taxable income. A traditional IRA could.
Brudesandwich t1_j0ejqhr wrote
Right-Welcome-9106 t1_j0ek1l0 wrote
There is no tax deduction for Roth accounts it’s all post tax money
driftingwood2018 t1_j0emh9d wrote
Roth IRA contributions are after tax. Therefore, they will not lower your taxable income
Recurringferry t1_j0ec92b wrote
Fidelity - you can do it online with them. Make sure you're fully aware of the income limits etc.