When we ask our clients what kind of retirement assets they have, there’s one we hear about less frequently: a pension. More people are facing retirement today without any fixed pension other than social security, resulting in the increasing importance of 401k, IRAs and other retirement accounts.
On this Life Happens Radio podcast hosts Lou Pierro and Rebecca Cerny reveal little-known facts and strategies around Individual Retirement Accounts (IRAs) and how you can maximize wealth while minimizing taxes.
Lou and Rebecca discuss:
minimum distribution rules
income tax issues
Roth retirement plans
considerations for single vs. married participants
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