Re:How America's Top 20 Percent Perpetuates Inequality
by havella on Thursday June 01, 2017 @07:42AM
(#14459456)
For households without kids it wouldn't be egregious to have the ability to make 529 size contributions to Roth-IRA.
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Re:How America's Top 20 Percent Perpetuates Inequality
by bluedevil2k on Thursday June 01, 2017 @08:31AM
(#14459683)
"529 type contributions to Roth-IRA" -- They do, it's called a Roth IRA
Re:How America's Top 20 Percent Perpetuates Inequality
by havella on Thursday June 01, 2017 @08:47AM
(#14459760)
mmm perhaps lack of clarity on my comment. I was referring to the size of the maximum contribution. $14000 for 529 vs 5500 for ROTH and there's an income limit for ROTH. ~190k
Re:How America's Top 20 Percent Perpetuates Inequality
by smileysteve on Thursday June 01, 2017 @09:02AM
(#14459868)
For that, we have the Roth 401k. Certainly 401ks aren't limited to the 20%, but the 20% can certainly contribute more easily and get more nominal matching.