Ask Question
BusinessBusiness
3 August, 05:20

4. What happens if you need your money in either your 401K or Roth IRA at age 40?

+2
Answers (1)
  1. 3 August, 07:11
    0
    In many cases, a Roth IRA can be a better choice than a 401 (k) retirement plan, as it offers a flexible investment vehicle with greater tax benefits-especially if you think you'll be in a higher tax bracket later on ... A good strategy (if you can manage it) is to have both a 401 (k) and a Roth IRA.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “4. What happens if you need your money in either your 401K or Roth IRA at age 40? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
When a firm disposes of a long-lived asset before the end of its useful life, the difference between the net book value of the asset and the sale proceeds is a gain or loss from a discontinued item.
Answers (1)
What are some ways that people might describe themselves?
Answers (2)
Which of the following is included as a component of stockholders' equity? a. Accounts payable b. Buildings Retained earnings c. Prepaid property taxes d. Accumulated depreciation
Answers (1)
The December 31, 2021, adjusted trial balance for the Blueboy Cheese Corporation is presented below. Account Title Debits Credits Cash 51,900 Accounts receivable 290,000 Prepaid rent 9,000 Inventory 43,000 Office equipment 530,000 Accumulated
Answers (1)
Walter builds birdhouses. he spends $5 on the materials for each birdhouse. he can build one in 30 minutes. he is semi-retired but earns $8 per hour at the local hardware store. he can sell a birdhouse for $20 each. refer to scenario 13-11.
Answers (1)
New Questions in Business
Terri davis is planning to buy a new car. While on the internet she learned that the car has a base price of $16,007, options that total $2,334, and a $500 destination charge.
Answers (1)
gOn July 1, Twin Pines Co., a water distiller, acquired new bottling equipment with a list price (fair market value) of $220,000.
Answers (1)
3. Definition of economic costs Felix lives in Miami and runs a business that sells boats. In an average year, he receives $851,000 from selling boats.
Answers (1)
In rich countries such as the United States, changes in the level of taxation have little impact on the incentives of entrepreneurs. True or False?
Answers (1)
Organizational obligations are the same as personal ethical obligations. a. Trueb. False
Answers (1)
Home » Business » 4. What happens if you need your money in either your 401K or Roth IRA at age 40?
Sign Up Forgot Password?