While it's likely obvious that germy spots like bathroom toilets and kitchen sinks need regular disinfecting, other germ-filled places in the home are less obvious—like cutting boards ...
Investors have heard so much about the virtues of Roth IRAs—tax-free compounding and withdrawals, no mandatory withdrawals in retirement—that they might assume that funding a Roth instead of a ...
Every dollar of return stays in your account, either adding to your income or compounding for future years. Over a decade, this tax-free compounding can mean tens of thousands of extra dollars in ...
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Tax nerds refer to this as a backdoor Roth contribution. The money you invest through Roth retirement accounts and HSAs compounds tax-free. And you pay no taxes on withdrawals later, either.
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