September 17, 2022

Are IRA and 401k the Same?
Are IRA and 401k the Same?

Retirement involves a person making the decision to leave the workforce for good. Typically people do this due to old age but technically people can retire whenever (even though the retirement age is at least 59 years and 6 months old depending on what you are looking at).  When it comes time to retire, many…

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Are 401k Withdrawals Taxed?
Are 401k Withdrawals Taxed?

Planning for retirement can be hard to do. Retirement refers to when a person decides to leave the workforce forever. However, when a person leaves the workforce, that means they also leave their source of income. Losing a source of income will make it hard to pay for bills like your rent, groceries, etc. That…

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