Iβm confused where you say, βTo prevent tax debt, max out your Roth IRAβ¦ Investing in retirement lowers your taxable income, which, in turn, lowers your tax liability.β
My understanding is Roth contributions donβt affect taxable income. Did you mean Traditional IRA or am I missing something?
The charts really made this. Thank you!
ah, i'm glad you liked them! you're welcome π€
Thank you for this valuable content. π
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Iβm just so happy to be here. Thank you for this. I feel so validated reading it.
I'm so glad to hear it! Thank you for being here <3
I donβt see the chart for 100% on the Cowboy Carter Tour. π€
I have your Substack bookmarked in my βread laterβ list and I canβt wait to get around to it! I can see youβre doing amazing work!
So many charts itβs a pie store π₯Ήβ€οΈ
Iβm confused where you say, βTo prevent tax debt, max out your Roth IRAβ¦ Investing in retirement lowers your taxable income, which, in turn, lowers your tax liability.β
My understanding is Roth contributions donβt affect taxable income. Did you mean Traditional IRA or am I missing something?
you're 100% correct, Roth IRA is not deductible, traditional is
Thank you both so much for pointing this out. I'm sorry for my mistake. I corrected it in the post.