Posted 12/6/2025 10:50 (#11459282 - in reply to #11459241) Subject: RE: Australian version of the US 401K Love it
Western-Central Lower Michigan
In our tax system, many people get to retirement age and (if they are lucky) have a good income stream from investments but the IRA or 401k with draws can put you into higher tax brackets. Gets complicated for us as we have mandatory withdraws, that increase as we get older.