Tax & Retirement Planning*

When thinking about investing for retirement, it is important to understand the differences of the various ways to save for this goal. Knowing how each of these strategies will effect your goals is vital to your financial plan. It would be important to discuss:

• Tax deductible options- employer sponsored plans, cash match plans, traditional IRA’s and the various plans for self-employed individuals.
• Tax deferral- what investment options are deferred and how that impacts you once you start to take money out.
• Tax free income- understanding how to take advantage of these options.
• Tax efficient investing- learning how tax drag can impact years of return.

*Seek the guidance of your professional tax advisor before making any decisions.