Roth 401k or IRA contributions are made with after tax dollars. When Trump signs the EO to defer the income tax this year, the "after tax" dollars wont have been taxed, thus you get the benefits of contributing to a Roth account without the downside of having to pay taxes up front.
What?
Roth 401k or IRA contributions are made with after tax dollars. When Trump signs the EO to defer the income tax this year, the "after tax" dollars wont have been taxed, thus you get the benefits of contributing to a Roth account without the downside of having to pay taxes up front.
He's not getting rid of income tax tho
yeah yeah I know its getting deferred. we still owe. its a shitpost lol have some fun