Tax-advantaged accounts, or qualified accounts, allow your portfolio to grow without the impact of taxes, a major benefit when it comes to savings for your goals. For retirement, there are multiple account options to choose from, and tax rules will most likely vary for each of them. It is very important to remember, however, that where you end up focusing your contributions may likely change over time depending on your life stage and tax situation. Call us, we’re happy to discuss with you what some of your options are and how they relate to where you are in your planning today, and what your goals are for the future.
