I realize that the point flew 0ver your head like most intelligent comments.<quoted text>
Why are you making up numbers? Just like when you make up what others say. Its the only way you can win an arguement. You are taxed at current rates when withdrawing money. No tax breaks are given
You're an idiot dave, plain and simple.
Its a tax break because there of taxation when the contributions are made is likely higher than the tax rate paid when they money is withdrawn.
If you make jointly $150K taxable, you would pay 28%. But say after retirement, your taxable income is $70,000 and you pay 15%.
Wow, that is a break of 12%.
How did you become such a dumbass?