Not exact matches
The Roth IRA is a wonderful investment
option that many people take advantage of every year mainly because of it's tax free growth and because it allows you to diversify your tax situation at retirement if you also invest in some pre-tax investment
types like a
401k or IRA.
We couldn't get a clear answer on what
types of rollover
options they allow into and out of their solo
401k plan.
Since the annuity (tax shelter) itself has a fee, plus the mutual fund company's fees and other fees associated with the investments themselves, annuities are the more expensive tax shelters for retirement, compared to
401K type plans, IRA's (including ROTH), and other
options.
If your employer does not offer any
type of
401k plan, then you may have the
option to invest in a Traditional IRA plan or Roth IRAs.
I really like the Roth, and am lobbying our HR
types to get the Roth
option added to our
401K.
This
type of policy is an ideal
option for older adults who could encounter difficult or unyielding premium payments, or for anybody who has reached their annual contribution limit for their
401K or IRA plans.