$5,500 per year, presumably for many years. And heaven forbid you should be so well off that you have to save for retirement with after-tax dollars and/or in taxable accounts! :P
Tax-advantaged savings accounts are to reward savers who might not otherwise save. They don't mean that everyone deserves tax-free saving.
Tax-advantaged savings accounts are to reward savers who might not otherwise save. They don't mean that everyone deserves tax-free saving.