How do 401(k) plans work, employer matches, traditional IRAs, and Roth IRAs. Pay particular attention to tax
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How do 401(k) plans work, employer matches, traditional IRAs, and Roth IRAs. Pay particular attention to tax treatment of each. Next, describe a close to sure-fire way by which you can accumulate an investment portfolio of $2 million (measured in terms of today's dollars, i.e., adjusting for inflation) n 45 years. Be specific, and address taxes.
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1 A simple explanation about how this plan work is that employees who are offered the benefits can e... View the full answer
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