Hello, quick question. I have a 457b which I have maxed out this year, Are there any tax advantages in contributing the 4000 max to an IRA as well? thank you
Yes,Depending on your circumstances the tax advantage for this year may still be there. Plus - there is still the tax advantage of having the money grow in a non-taxable account.DrTarr
IRA - both traditional and Roth, are taxed advantaged account. Depending on your situation, you may not get a tax advantage NOW, but you absolutely will get one. And, as far as your future is concerned, it's always better to save than spend.
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