talk about legitimate ways of sheltering money

[Happy Monkey]

Originally Posted by glatt

Won't that higher tax rate cancel out any benefit that the pre-tax 401K gave me? Is there any way to calculate that? Is the entire 401K idea a huge fraud perpetrated on our generation?

In that it is usually paired with the elimination of pensions, perhaps. But you do need to take into account that you are compounding your gains on the pre-tax amount.