Unruffled [he/him]@lemmy.dbzer0.comM to Fediverse vs Disinformation@lemmy.dbzer0.comEnglish · 4 months agoNo, AOC Is Not a Multimillionaire After Serving in Congress for 5 Yearswww.snopes.comexternal-linkmessage-square17fedilinkarrow-up1312
arrow-up1312external-linkNo, AOC Is Not a Multimillionaire After Serving in Congress for 5 Yearswww.snopes.comUnruffled [he/him]@lemmy.dbzer0.comM to Fediverse vs Disinformation@lemmy.dbzer0.comEnglish · 4 months agomessage-square17fedilink
minus-squareTheSambassador@lemmy.worldlinkfedilinkEnglisharrow-up4·4 months ago401ks have specific limits on how much you can contribute. Most big wealth comes from ownership of stock and other assets.
minus-squarephdepressed@sh.itjust.workslinkfedilinkarrow-up6·4 months agoYeah, but the 401k limit is 22.5k (for 2023). You max the tax advantage before investing in non-advantaged stuff.
401ks have specific limits on how much you can contribute. Most big wealth comes from ownership of stock and other assets.
Yeah, but the 401k limit is 22.5k (for 2023). You max the tax advantage before investing in non-advantaged stuff.