Feb 22, 2021 8:15:00 AM / by The Retirement Group
Whether you're changing jobs or retiring, knowing what to do with your hard-earned retirement plan savings can be difficult. An employer-sponsored plan, such as a 401(k), may make up the majority of your retirement savings, but how much do you really know about that plan and how it works? Compounding the decision-making difficulty of what to do with your retirement savings are the seemingly endless rules that vary from one retirement plan to the next.
|"Increasing your investment balance and reducing taxes is the key to a successful retirement plan spending strategy."|
Increasing your investment balance and reducing taxes is the key to a successful
retirement plan spending strategy. Your Advisor can help you understand how your retirement savings plan fits into your overall financial picture and how to make that plan work for you.
"Workers are far more likely to rely on their workplace defined contribution (DC) retirement plans as a source of income. 8 in 10 believe this will be a major or minor source of income in retirement. 3 in 4 expect income to come from their personal retirement savings or investments."
- Employee Benefit Research Institute
For more information about this topic, view our e-book here: https://retirekit.theretirementgroup.com/will-your-retirement-plan-retire-with-you-e-brochure-offer
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