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Personal Finance and Investing

question everything

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10. Good thing that you encourage new hires to start savings. And I can see the reasons for

Reply to Mark.b2 (Reply #9)

Thu Feb 15, 2024, 01:30 PM

Feb 2024

limiting the contribution by the higher earners.

I think that if the age for withdrawal be lowered, many will deplete their accounts quickly.

This is what is nice about Social Security - so far - one cannot deplete their calculate benefits.

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The Secret to Saving for Retirement: Start Before You're 20 [View all] question everything Sep 2023 OP

If you set one up for your tyke, make sure they know the penalty for early withdrawal. 3Hotdogs Sep 2023 #1

Yes, Roth IRA in your 20's and 30's and transition to IRA + Roth IRA during your peak earning years Shermann Sep 2023 #2

the secret to retirement is good union jobs mike_c Sep 2023 #3

How many snowybirdie Sep 2023 #4

Up to the parents. question everything Sep 2023 #6

There are very few teenagers with that kind of foresight. BlueTsunami2018 Sep 2023 #5

Another hurdle young people face is student loan debt Shermann Sep 2023 #7

True. If you join a trade union, they pay you to go to school. BlueTsunami2018 Sep 2023 #8

The key point is you can never start saving too soon! Mark.b2 Feb 2024 #9

Good thing that you encourage new hires to start savings. And I can see the reasons for question everything Feb 2024 #10

Can a parent fund a Roth for a kid? Happy Hoosier Mar 2024 #11

Yes, there is an income requirement and the amount that one can contribute is $6,500 question everything Mar 2024 #14

Message auto-removed Name removed Mar 2024 #12

Welcome to DU question everything Mar 2024 #13