Yes this is the reasoning

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Jul 31, 2014
9:36:16am

Rogue Gunner

Yes this is the reasoning

No tax deduction but contributions will be protected from future capital gains taxes. Am I right?

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Rogue Gunner

Previous username: pwg
Bio page: Rogue Gunner
Joined: Jul 15, 2010
Last login: Jan 8, 2022
Total posts: 3,133 (88 FO)

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Messages

Author

Time

401K/IRA question for the CB financiers

7/31/14 7:49am

You can fully fund both

JackStack

7/31/14 7:53am

For financiers thats pretty basic stuff. I'd be worried about the advisor who

swishh_15

7/31/14 8:04am

Yes, fire the guy who is giving you the wrong information

JackStack

7/31/14 8:09am

RE: For financiers thats pretty basic stuff. I'd be worried about the advisor

7/31/14 8:11am

The other guy may be confusing the IRA issue. You are prevented in some

Baron

7/31/14 8:17am

Hence him saying contributing to a roth through the traditional ira loophole.

swishh_15

7/31/14 8:22am

Yes this is the reasoning

7/31/14 9:36am

IRA and 401k limits are different.

coug203

7/31/14 8:05am

You can do the Roth as well assuming you can qualify for it.

Baron

7/31/14 8:16am

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