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Beyond The Paycheck

Episode 82 Navigating the Maze of Retirement Savings and Inheritance Tax Planning

by | Jan 2, 2024 | Podcast | 0 comments


Ever wrestle with the decision of where to tuck away your retirement savings? In this episode, Paula talks about the tax terrain of traditional IRAs and 401(k)s while also investigating the forward-thinking strategies behind Roth accounts and non-qualified brokerage accounts. She discusses the importance of weighing the pros and cons of converting traditional IRA funds into Roth IRAs. Being informed and proactive about your retirement planning can set the stage for a comfortable and prosperous retirement. Whether you’re just starting to save or are nearing retirement, understanding the different retirement account options and their tax implications is paramount. Take control of your financial future by exploring the various strategies discussed today, and work with a financial advisor to tailor a plan that aligns with your goals and circumstances.