Employed as: Other, non-employee, for N/A
Posted: 19 June 2012
401k and IRA are very similar in the way they work. By that I mean
(Before) tax funds go in and (Taxed) funds come out. There is no (tax
free) however (tax deferred) is the way they work. After you
investigate the BONUS system, I think you will find that earned income
is one thing (number) and total compensation is a different (number).