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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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21010256 No.21010256 [Reply] [Original]

Max your IRA... Or else

>> No.21010288

>>21010256
What about (((401k)))?

>> No.21010316
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21010316

>>21010256
>>21010288
>letting boomers exit scam you

>> No.21010524

>>21010256
Or else what Varg? You'll set my church on fire?

>> No.21010696

I fucking hate niggers

>> No.21010703

>>21010316
protip: If you actually make a lot of money (unlikely here) if you quit your job to retire early you can claim up to the standard deduction each year with very little penalty at least when compared to your marginal tax bracket. My highest marginal tax bracket is 46%, but when I withdraw from my 401k early it will only be taxed+penalized at a 17% rate up to the standard deduction. So I effectively will be taxed 30% less even with penalty.

>> No.21010935
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21010935

>>21010256
FUCK YOUR UNION JACK, WE WANT OUR COUNTRY BACK!

>> No.21010989
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21010989

>>21010256
>>21010703
I am no joke ready to withdraw all the money from my IRA (not much only like 20k) and take the early withdrawal hit so I can invest in link. I hear they are also letting you not pay interest or some shit because of Covid.

>> No.21011094

>>21010935
We'll have it back soon enough anon.
By the ballet box, by the maternity ward or by the gun.