Developing a strategy for retirement planning is deeply personal. There are so many options for retirement accounts because they’re designed to be suitable for people with different needs and lifestyles.
But from 403(b)s to 501(c)3s, 457(b)s and other accounts, the amount of alphabet soup associated with retirement planning can be stupefying. Without financial education, confusing retirement account and tax code names can be a huge barrier for people trying to set themselves up for their future.
This week, Kiersten and Julien Saunders shine a light on some murky topics like incentives, contribution limits, income ceiling and deferred retirement account taxes, while also breaking down the pros and cons of some retirement-planning heavy hitters, including:
Health Savings Accounts IRAs: Traditional, Roth and back-door Roth accountsSelf-employed vs. employer-sponsored IRAs and 401ks401ks529s
Learn more at richandregular.com, purchase Cashing Out: Win the Wealth Game by Walking Away by Kiersten and Julien Saunders and follow on Instagram @richandregular. Support rich & Regular by sharing and rating it five stars on Apple Podcasts. Check out their video podcast Cashing Out on YouTube.
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