All Work Should Be Play

IRAs vs. 401(k)s: Choosing Your Retirement Path

[{"selector":"#anim-f6eadcba-afdd-4779-9151-2587896b050f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c8412768-4332-4305-8abf-f6df3a63b7fa","keyframes":{"transform":["translate3d(113.92405%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1c4dff73-c090-474a-87af-9f9ace7f8820 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Arrow

The 401(k) Explained

[{"selector":"#anim-11ff06d6-8d99-4642-9db3-c9662a7aaac6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-188839fa-9199-4613-9105-5b6ef5ceb2fd","keyframes":{"transform":["translate3d(113.92405%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-03ef631f-61f3-4435-9dba-5e04e8bd63e9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Arrow

IRA Fundamental

[{"selector":"#anim-1366d47e-f566-44fa-a84c-25770ce8aa41","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b43a9fde-5636-494c-bc56-b76a0a9ae0e1","keyframes":{"transform":["translate3d(113.92405%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-57a0f1d4-cd36-4ad8-adbe-daa33dd6b106 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Arrow

Know Your Limit

[{"selector":"#anim-7da85cc9-3039-427b-9f5e-b4abb6b3c467","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-49f36c52-71f3-42aa-950b-a958d9e8b6d0","keyframes":{"transform":["translate3d(113.92405%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3814e97b-911f-4bbd-8ea8-cf5ce740e62d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Arrow

Tax Implication

[{"selector":"#anim-420b25aa-8adf-4aa1-8bde-9cdd711088a8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8869ff31-6fb1-4e54-a283-51a9eadfef71","keyframes":{"transform":["translate3d(113.92405%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-36dfd070-01d0-46f4-9419-b3df9d2ba1f9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Arrow

Diverse Investment

[{"selector":"#anim-30dc5635-68c3-4f4c-b3c7-9c1ee84ada3c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-00a12364-79c3-4b1d-b9fb-e8428abefa49","keyframes":{"transform":["translate3d(113.92405%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ef560a9b-ccfc-4ca2-82e6-74a42427387c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Arrow

Withdrawal Rule

[{"selector":"#anim-a5dedd9d-8b70-4748-a2f1-56f274513de6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-257f9ef7-f835-4703-ba53-7799a5f68d28","keyframes":{"transform":["translate3d(113.92405%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5356ee3a-bfef-4d20-959b-e2ec5c15f350 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Arrow

Maximizing Employer Match

[{"selector":"#anim-a8990868-bcd7-4b1a-9866-1536676f96c4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bdf67f29-79d6-4aa0-aa40-10ed497917e0","keyframes":{"transform":["translate3d(113.92405%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-95c1a14b-bb0c-4422-948f-dd36643b0664 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Arrow

All Work Should Be Play

Retirement Accounts: IRAs vs. 401(k)

IRAs vs. 401(k)s: Choosing Your Retirement Path

Planning for retirement? Let's compare IRAs and 401(k)s to find the best fit for you. 🌅"

The 401(k) Explained

A 401(k) is an employer-sponsored plan. Often comes with employer match – a major perk!

IRA Fundamental

IRAs offer tax advantages for your retirement savings, with more investment options.

Know Your Limit

Understand the annual contribution limits for both. It's key to maximizing your savings.

Tax Implication

401(k)s and IRAs have different tax treatments. Know how each impacts your taxes.

Diverse Investment

IRAs often offer more investment options than 401(k)s. Choose what aligns with your goals.

Withdrawal Rule

Be aware of early withdrawal penalties. Plan withdrawals wisely to avoid unnecessary fees.

Maximizing Employer Match

If your employer offers 401(k) matching, take full advantage. It's free money for your retirement!