Ep 38: Retirement Savings Basics: What’s The Purpose Of All My Accounts?

20/04/2023 19 min
Ep 38: Retirement Savings Basics: What’s The Purpose Of All My Accounts?

Listen "Ep 38: Retirement Savings Basics: What’s The Purpose Of All My Accounts?"

Episode Synopsis

Are you aware that not all retirement accounts are created equal? In this episode, we'll delve into the different types of retirement accounts, including 401(k)s, IRAs, Roths, and more. We’ll help you weigh the pros and cons of each and give you insights into the purposes they serve so that you can make informed decisions for your retirement plan.   Here’s some of what we’ll discuss in this episode:  Pros and cons of 401(k)s, 403(b)s, and 457 plans. (1:36) Pros and cons of traditional and Roth IRAs. (4:29) Pros and cons of HSAs and FSAs. (9:46) What to keep in mind with Annuities, CDs, and Dividend Stocks (11:55) How do you choose the best option for your plan? (15:15)    Get additional financial information: https://sephtonfinancial.com/podcasts/  

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