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The Independent UK
The Independent UK
National
Christine Benz

Can a Taxable Account Beat a 401(k)?

IRA Morningstar
Money Matters-Net Worth - (Copyright 2017 The Associated Press. All rights reserved.)

Being advised to max out your 401(k)is Personal Finance 101. But is that universally solid guidance?

Tax-sheltered retirement plans offer the convenience of automatic investments and tax breaks—pretax contributions and tax-deferred compounding for traditional 401(k)s and tax-free compounding and withdrawals for Roth contributions.

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