The Retirement Accounts Available to You and Considerations for Each

HOW DO I KNOW WHAT RETIREMENT ACCOUNTS ARE AVAILABLE TO
ME AND WHICH ONE(S) SHOULD I TAKE ADVANTAGE OF?


One of the fun parts of being a financial planner is getting to
field and answer questions from clients and readers all around
the country. In these Work Your Wealth episodes I'll be taking
time to address and answer questions I've come across from
readers and clients throughout my career. Today I'm answering the
above question.


WHAT YOU’LL LEARN FROM THIS EPISODE:


Investing vs. Retirement Accounts - why they're not the same

The difference between a Traditional vs. a Roth IRA

When you're qualified (or not) to contribute to a Traditional
vs. a Roth IRA

Considerations for contributions to Traditional vs. Roth IRAs
and 401(k)s

How your 401(k) works

What the 403(b), Thrift Savings Plan and 457 plan have in
common with your 401(k)

What to do if your employer offers a match on your 401(k)

Retirement plans available to Entrepreneurs: Solo 401(k), SEP
IRA, SIMPLE IRA

What the age limit is on withdrawals from retirement accounts

How taxes work on withdrawals from your retirement accounts

If you should take a loan from your 401(k)

401(k) vs. Roth IRA - which one is best for you?



LINKS MENTIONED ON THE SHOW:


Schedule a free 30-minute consultation with me

Work Your Wealth: 9 Steps to Making Smarter Choices With Your
Money

9 Steps to Workable Wealth