Microblog Memes

5911 readers

2430 users here now

A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

Rules:

Please put at least one word relevant to the post in the post title.
Be nice.
No advertising, brand promotion or guerilla marketing.
Posters are encouraged to link to the toot or tweet etc in the description of posts.

Related communities:

founded 1 year ago

MODERATORS

[email protected]

1596

Let's play the rich get everything. The rules are the rich get everything. participation is mandatory. (lemmy.world)

submitted 2 months ago* (last edited 2 months ago) by [email protected] to c/[email protected]

301 comments fedilink hide all child comments

Did I say mandatory? I meant optional! You're "free" to die in a cardboard box under a freeway as a market capitalist scarecrow warning to the other ants so they keep showing up to make us more!

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 1 points 2 months ago

You definitely can max both a 401k and IRA you can also max an HSA. All these combined allow for an individual (not family) to save $34,150 (there are some edge cases I'm ignoring). Someone who can afford to save almost the US median salary amount is almost certainly going to have a higher benefit from traditional than Roth.

Also, the math completely changes if you aren't maxing because if you aren't maxing the contribution than adding more to the contribution gives you more tax advantaged investments (instead of taxable brokerage investments).