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Understanding different safe investment options available to you during retirement, and the pros and cons of each, can help you make smart decisions about how to manage your money after you leave ...
Retirees tend to invest their money in a mix of different retirement accounts, whether that’s 401(k)s, IRAs, taxable brokerage accounts and even safe, reliable deposit accounts — like high ...
To offset taxes, Finke suggested putting as much into a tax-sheltered account as possible, such as a 401(k). This includes making catch-up contributions before you retire.
Many soon-to-be retirees turn to investments they believe are safe, like annuities, to protect and preserve their nest egg. Annuities can be an appealing option, thanks to their tax-deferred ...
Most 401(k) plans have at least three investment choices, though others offer many more options. The average plan offers about 13 investment options, according to the Investment Company Institute.
5. Not knowing the difference between 401(k) account types. Workers typically have two options when it comes to account types – the traditional 401(k) and the Roth 401(k) – and the differences ...
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