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I'd suggest the Roth 401k is an outstanding savings vehicle.

Posted on: August 30, 2017 at 13:17:03 CT
Emoji Man OU
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It is just not available with many employers. The tax free money after the compounding interest would more than make up for not reducing your upfront taxes during peak income years.

The wildcard is a gov't money grab as a result of some financial catastrophe. The govt eliminating new Roth plans going forward is a more realistic option.
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How about taxing your 401(k) up front in order to pay for - Silas MU - 8/30 12:33:19
     You mean, like a Roth IRA? nm - SparkyStalcup MU - 8/30 19:12:33
     I don't care when you tax it - Roberts MU - 8/30 13:37:03
     That's just pure stupidity, and would cause even less saving - RHAYWORTH MU - 8/30 12:58:08
          That's trumps plan not silas'* - Mo Texan MU - 8/30 14:35:16
     Sounds good. Let folks pay the capital gains rate on the - Emoji Man MSU - 8/30 12:55:39
          You don't math much then. - catbirdseat MU - 8/30 12:58:40
               i suggest being given an option. Why don't you explain the - Emoji Man MSU - 8/30 13:00:50
     If you have to ask something that clueless, you'd never get - GA Tiger MU - 8/30 12:48:56
          You speaking to congress? - catbirdseat MU - 8/30 12:50:27
               My rep hasn't called me on it yet. I'm hurt.(nm) - GA Tiger MU - 8/30 12:53:20
     Who cares? I want your Women's Footwear Update - Mizzou Lou KC - 8/30 12:42:15
          He wants to - Tigrrrr! MU - 8/30 12:45:35
               Doubt it....bet you he wouldnt mind buffing - Mizzou Lou KC - 8/30 12:51:20
     Clarify. So it becomes a Roth IRA type investment - tman KC - 8/30 12:41:40
          Correct, the cool part though - catbirdseat MU - 8/30 12:44:03
               If it grows tax free it would be abig boost to the economy - tman KC - 8/30 13:03:45
                    People would not contribute and if they did they would - catbirdseat MU - 8/30 13:13:30
                         No you are adding new parameters - tman KC - 8/30 13:50:45
     How about no more taxation. (nm) - ummmm MU - 8/30 12:41:34
     Of course that will reduce revenues on the other end because - catbirdseat MU - 8/30 12:40:39
     Sure, at that point I will pull out of my 401k except for - catbirdseat MU - 8/30 12:36:45
     RE: How about taxing your 401(k) up front in order to pay for - MOCO SON MU - 8/30 12:34:38
     No it isn't - Spanky KU - 8/30 12:34:01
          It isn't? Really? - Silas MU - 8/30 12:37:30
               It may be a wild proposal, but it will not be considered - Spanky KU - 8/30 12:40:39
                    The government already steals from us - mizzouSECedes STL - 8/30 12:42:48
                         It would be abolishing the 401k - Spanky KU - 8/30 12:44:27
                              Yea, i can't envision any reason except to get the match - catbirdseat MU - 8/30 12:48:17
                              You mean like a Roth 401k? (nm) - mizzouSECedes STL - 8/30 12:45:45
                                   No intelligent person would use a Roth 401k - Spanky KU - 8/30 13:00:05
                                        Hold on. That isn't true - tman KC - 8/30 13:09:31
                                             I disagree - Spanky KU - 8/30 13:17:21
                                             I'd suggest the Roth 401k is an outstanding savings vehicle. - Emoji Man MSU - 8/30 13:17:03
                                                  In your low earning years you need the cash much - Spanky KU - 8/30 13:20:17
                                                       No situation is the same, but if the money is available to - Emoji Man MSU - 8/30 13:29:01
                                                            What 22 year old looks at any of that? - Spanky KU - 8/30 13:30:23
                    So it is being considered? So, you lied originally? - Silas MU - 8/30 12:42:11
                         No.. It is not being considered - Spanky KU - 8/30 12:45:08
                              I have sources to the contrary. I am not the only one with - Silas MU - 8/30 12:47:06
                                   Not being considered - Spanky KU - 8/30 12:53:54
                                   Holy shyte - mizzouSECedes STL - 8/30 12:48:18
                                        PROVING every single word of my original post to be - Silas MU - 8/30 12:58:02
                                             It does no such thing. - Spanky KU - 8/30 13:00:37
                         He's not lying - mizzouSECedes STL - 8/30 12:44:28
                              He posts from a position of knowledge. - Silas MU - 8/30 12:45:50
                                   You post from a position of ignorance of the English - Spanky KU - 8/30 12:56:04
                    You do understand avoiding a fillabuster - catbirdseat MU - 8/30 12:42:02
                         Making the 401k post tax eliminates the 401k benefit - Spanky KU - 8/30 12:46:10
                              Only reason to contribute is to get the - catbirdseat MU - 8/30 12:49:20
                                   You must be a low income guy - Spanky KU - 8/30 12:55:29
                                        I know how it works dumb****e. - catbirdseat MU - 8/30 13:01:26
                                             Chill kitty cat - Spanky KU - 8/30 13:08:14
          Actually it is.(nm) - catbirdseat MU - 8/30 12:37:20




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