Retirement is probably the number one thing most older Americans worry about. The posts in this category are about retirement and qualified planning. Retirement accounts are often referred to as qualified because that is how they are usually classified by the IRS.
Consumers shouldn't make the mistake of assuming that a 401(k) account is the only option out there for having the funds to fuel retirement. In fact, there are a variety of options, and some of these alternatives might be the best choice for certain consumers. In order to plan best for your retirement, you need to consider all of your retirement options. Learn as much as you can about the pros and cons of the following five different types of retirement savings accounts before you decide on a 401(k). Traditional IRAs and Roth IRAs Individual retirements accounts (IRAs) are a great alternative [...]