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What Are After Tax Contributions?

The phrase “after tax contributions” regarding retirement accounts can often be confusing. This article will discuss some of the common aspects of after-tax contributions.

You might find it easier to understand the phrase if you consider after-tax contributions as voluntary contributions. You deposit These contributions into a retirement account or annuity after you have paid the required state and federal taxes.

https://edbarton.com/how-do-after-tax-retirement-plan-contributions-work/

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