Retiring Well With Michael Reese: Qualified Retirement Plans
You have to plan ahead when it comes to making a smooth transition into retirement, and we’re here to help.
Every Tuesday, Retiring Well with Michael Reese airs to show you a new way to navigate through retirement finances.
This week it’s all about qualified retirement plans.
From 401-Ks to Roth IRAs, there’s a long list of options to choose from to find the best plan for you.
“There’s different taxation that you have to be aware of, and when you can draw the money, and what taxes are you going to end up paying on that income. So you just need to be aware of that, as well as there’s opportunities within those plans if you wanted to transition out of them prior to retiring,” said financial advisor Jon Torbet.
Retiring Well, brought to you by Centennial Wealth Advisory, airs every Tuesday morning starting at 10 a.m. on 9&10.