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Saving for retirement with specialized retirement plans is an excellent way to build wealth on a tax-free or tax-deferred basis. Considering that most people rely on their tax-deferred retirement accounts as income after they stop working,
making a mistake can be extremely costly.
Here are some retirement saving tax tips that should help you keep more of that money for yourself: [click to continue…]
When I left my last place of employment, I rolled all of my 401(k) funds into a traditional IRA. I figured doing so was a no-brainer, but I recently read an article in Kiplinger’s Retirement Report that, while validating my decision, also gives some reasons why a rollover is not always the best course of action. [click to continue…]