From Marcus.com….
If you have a retirement plan (or multiple plans), you might just know it as a place you put money for your future. But did you understand your retirement plan options before signing up for one?
Maybe not.
Learning about different retirement plan options – including the contribution limits and tax treatments of each – may teach you ways to boost your savings. For instance, did you know it’s possible to have multiple retirement plans, rather than just letting your 401(k) do all the work?
We’ll cover some of the basic rules of different retirement plans, along with pros and cons for each. While this should help provide you with an overview of the retirement landscape, it’s a good idea to consult a financial advisor to help you choose the best plan for you.
