Comment: Everyone needs to run their own financials; no blanket statement

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Everyone needs to run their own financials; no blanket statement

For example, if you put in 6% and your employer adds another 4.5% on top of that and you are in the 33% tax bracket, if you with draw the money immediately and are fully vested, you'll get about .9 of every 1 you put in after taxes and penalties.

If you just took that dollar in income, you'd end up with about .6 after federal, state and local taxes, 33% less than if you HAD put the money into a 401K (in the example above) and withdrawn it immediately.

So, I dont think it's right to issue a blanket statement for everyone. Certainly the warnings may be blanket, but everyone should look at their own financial variables in order to make the right decision for them.