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Retirement Savings Basics: What’s The Purpose Of All My Accounts?
Manage episode 361826511 series 3470804
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Are you aware that not all retirement accounts are created equal? It's crucial to understand the purpose and advantages of each type of account to make the best choice for your future. In this episode, we'll delve into the different types of retirement accounts, including 401(k)s, IRAs, Roths, and several other examples.
Here are a few examples of what we’ll discuss today:
- The pros and cons of 401(k)s, 403(b)s, and 457 plans. (1:52)
- What is an IRA? (4:47)
- The pros and cons of FSAs and HSAs. (10:45)
- Breaking down the retirement products, such as annuities, CDs, and dividend stocks. (13:12)
Helpful Info:
Kyle's website: http://www.mokanwealth.com/
Phone: 913-257-3991
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Disclosure: MOKAN Wealth Management is a registered investment adviser with the state of Kansas and Missouri, and may only transact business with residents of those states, or residents of other states where otherwise legally permitted subject to exemption or exclusion from registration requirements. This communication is not intended as an offer or solicitation to buy, hold, or sell any financial instrument or investment advisory services.
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