Personal Investments • Are retirement accounts worthwhile if you have taxable accounts

Being that I don't really need more assets, my other thought was to spend down the taxable account at the rate of IRA investment, and still gain the tax advantages. I imagine there is someone else out there in a similar situation. Let me know if anymore details are needed for your thoughts.
Thanks.

Hello OP,
What taxable income are you currently spending?

Also regarding the SIMPLE IRA, are you the employer as well as the employee? If so are you maxing your employee contribution and employer contribution?
You should determine if a Roth would benefit you.

Statistics: Posted by rossington — Sun Jan 07, 2024 4:22 am — Replies 2 — Views 417

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