Retirement accounts have two types of tax distinction: pre-tax (traditional) and after-tax Roth) funds. Traditional retirement accounts have the benefits of saving money for retirement while delaying the need to pay taxes on that money. A designated Roth account is a powerful tool for growing your money tax-free.
https://www.solo401k.com/blog/roth-ira-vs-designated-roth-account-solo401k/
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