When deciding which type of retirement plan contribution strategy is best for you, the features, benefits, tax strategies, and differences between your primary options – pre-tax (or Traditional) and Roth, can be a daunting task. So, before getting overwhelmed, know that while there are plenty of choices, most employer-sponsored retirement benefits typically only offer two choices: a Traditional 401(k) or a Roth 401(k).
How do I know which plan is right for me?
Watch the video below as Alex Assaley explains the differences and factors you should consider when picking your contribution type. Remember, regardless of which choice you make between traditional, Roth, or both, saving in retirement plans is a great way to help get you ready for retirement.
Watch the video here: