12-28-2018, 12:55 PM
(12-28-2018, 12:51 PM)Goalpost Wrote: Agree. And when I do withdraw it, it will be taxed. But the idea is that I will be retired, hence when it does get taxed, I will be in a lower tax bracket than i'm in now. So in theory, it's also tax beneficial.
The only thing better IMO is a Roth IRA. You contribute with after tax dollars, and distributions are tax free since you've aalready been taxed on the money. I started one for my daughter for her 18th birthday.