Contributions to employer-sponsored retirement benefits, such as a 401(k) plan, typically occur on a pretax basis, while contributions to a traditional IRA may be tax-deductible and lower taxable income for the current year.

Authors

• Person: Not available Organization: Morgan Stanley
  Tax-Efficient Investing: Helping Keep Returns | Morgan Stanley

Sources

• Tax-Efficient Investing: Helping Keep Returns | Morgan Stanley www.morganstanley.com Morgan Stanley via serper

Referenced by nodes (2)

• traditional IRA concept
• 401(k) plan concept