I don't know about you tax rate - as a %- but you are not taxed on the amount you place into the account, up to $2000. per person. Does that help answer your question?Just a note of clarification. The amount you can put into a 401 K is up to 15% of income or a maximum of $10,500 per year. IRA's are limited to $2000 of earned income per person. There is more info on 401 K's here.http://www.fool.com/money/401k/401k.htm?ref=G02C05cf
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra