sudoshakes
joined 2 years ago
Why is that wall needed? Can you expand on this more?
You pay before taxes on traditional contributions so the net income hit is less.
Say your effective tax rate is 30%, then you are eating in gross pay only 18,900 off income to fund 27000 in 401K savings.
The whole point of tax deferred accounts really.
Roth contributions don’t work this way, but most do not max out funds using Roth given the tax difference in retirement vs working.
Back when I had it, it was a free 2 TB of google cloud storage with the fiber account.
The front running trades amounted to a total of 6% of all the personal trades he made in that period.
I think he was assuming, that inter dispersed in the group and traded in segments of the sums, it would be hard to dig through the mountain to spot the relationships to the company trades.