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ilmscore | Prediction Details
"So, if it's a traditional, that means you're going to pay taxes on the back end. So, with the traditional money goes in tax-free and then you pay taxes on the way out. [...] You can compare that to a Roth 401k IRA works kind of the same, which is when you put the money in with this Roth, the money gets taxed on the front end. [...] And then you can pull the money out and now you don't have to pay taxes when you pull that money out."
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Minority Mindset
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September 30, 2025
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Living Paycheck to Paycheck? Do This Before Your Next One Hits
00:19:39 - 00:21:13
Interpreted Prediction
Traditional retirement accounts are taxed on withdrawal, while Roth accounts are taxed upfront, with tax-free withdrawals later.
Prediction Details
Topic
Traditional vs. Roth Accounts
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