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Comment by SoftTalker

2 days ago

Most people could do an IRA, no?

2 comments

SoftTalker

Reply

aidenn0  2 days ago

IIRC limits on pre-tax contributions to an IRA are much lower than pre-tax contributions to a 401k

  • lateforwork  2 days ago

    Right, it is much lower, and also there is this: If your company offers a 401(k), the IRS limits your ability to deduct Traditional IRA contributions from your taxes based on your income.

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