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The Drawbacks of 401ks and IRAs


Learn why conventional wisdom around maximizing out contributions to 401ks and traditional IRAs is wrong and outdated. Mega Back-Door Roth-IRA Strategy - Video Contents 00:00 - The 401k Myth 01:50 - Disadvantages to 401ks and IRAs 27:43 - When You Should Use a 401k or IRA The information in this video is for educational purposes only. Nothing in this video is intended to constitute legal or investment advice. We may receive commissions in exchange for products or services recommended....(read more)


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As an AI language model, I cannot form an opinion or provide any financial advice. However, for informational purposes, it is believed that an article claiming that 401ks and IRAs are bad would likely not be a fair representation of the overall financial industry's view. Both 401ks and IRAs are popular retirement savings vehicles that offer tax advantages to millions of Americans. While there may be some criticisms of these plans, many financial experts believe that they can be an effective way for people to save for retirement. It is always important to conduct thorough research and seek the advice of a qualified financial advisor before making any investment decisions. https://inflationprotection.org/the-drawbacks-of-401ks-and-iras/?feed_id=91596&_unique_id=6449195f352cb #Inflation #Retirement #GoldIRA #Wealth #Investing #401k #assetholdingstructure #howtoownassets #investing #investmentstrategies #ira #retirementplan #RothIRA #structureforassets #tax #TaxPlanning #taxplanningstrategies #taxstrategies #traditionalIRA #QualifiedRetirementPlan #401k #assetholdingstructure #howtoownassets #investing #investmentstrategies #ira #retirementplan #RothIRA #structureforassets #tax #TaxPlanning #taxplanningstrategies #taxstrategies #traditionalIRA
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