Pretax vs. After-Tax Contributions

By |2023-09-07T13:30:37-05:00September 7th, 2023|Categories: Transportation|Tags: , |

Let's talk about retirement savings without all the confusing financial jargon. You've probably heard about pre-tax and after-tax contributions, but what do they really mean for you? First, pretax contributions are like tax breaks for the future. Imagine you have a special savings account for your retirement, like a 401(k). When you put money into this [...]