401k (Traditional and Roth IRAs)
For most Americans, sources of income in retirement primarily come from what they were able to put away in their corporate sponsored retirement account. However, these accounts can come in many forms depending on where you work; 401(k), 403(b), SEP, Roth, etc… Understanding the rules of when you can start drawing, how much you can save per year and what the tax consequences of your specific account are can be critical in properly planning for retirement.
Contact us to set up a conversation about your financial future.