Pre-tax, deferred-tax, post-tax, partially taxed, tax-free - they all have the word tax in these short phrases, but only ONE of them tells you how much the tax load will be when the proceeds are accessed, at any age: tax-free. I have seen countless mistakes in structuring their savings accumulation in vehicles, not knowing that in the short term, it is a great idea when you can save a few dollars in current taxes. The joint tilting could look good at the time without thinking about future tax or estate distribution repercussions.
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