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A comment on TSMC eyes Germany as possible location for first Europe chip plant. Parent comment

Re:TSMC eyes Germany as possible location for first Europe c... by volta83 on Monday July 26, 2021 @11:05AM (#27960288)
When you are making 600k$ a big part of your compensation is stocks.

There are lots of ways to pay fewer taxes in the US when holding stocks. Plus you have 401k, backdoor Roth, etc. retirement saving plans that are non-existent in Germany.

[ Parent | on HN ]
Re:TSMC eyes Germany as possible location for first Europe c... by GoOnThenDoTell on Monday July 26, 2021 @11:30AM (#27960659)
Backdoor Roth?
[ Parent | on HN ]
Re:TSMC eyes Germany as possible location for first Europe c... by mercutio2 on Monday July 26, 2021 @02:39PM (#27963407)
It’s a thing.

Mega backdoor Roth is an even bigger thing:

https://www.bogleheads.org/wiki/Mega-backdoor_Roth

[ Parent | on HN ]