Posted 12/6/2025 10:39 (#11459268 - in reply to #11459241) Subject: RE: Australian version of the US 401K Love it
It just ends up being another form of taxation. The positive part is presumably the beneficiary maintains control of the account.
Now if the .gov would roll back some of the SS portion of the FICA tax then I could get on board with it. But that’s not going to ever happen so as I said before it’s just additional taxation that will drive up costs.
Australian version of the US 401K Love it
