Unlock the secrets to a robust retirement plan with experts Kim Cournoyer and MaryEllen Murphy from the TSB IRA Department on the TSB Money Matters podcast. Ever wondered whether a traditional or Roth IRA is right for you? This episode promises to clear up any confusion by highlighting the essential differences, including tax benefits, contribution limits, and withdrawal rules. We also demystify how IRAs stack up against employer-sponsored plans like 401(k)s and underline the importance of consulting tax advisors for personalized advice.
But that’s not all—discover why professional guidance is crucial when opening an IRA or starting any retirement account. Learn how tailored advice can help you navigate the myriad of investment options and choose the ones that best align with your financial goals and risk tolerance. Whether it’s understanding FDIC and DIF insurance or identifying investments that offer peace of mind, this episode equips you with the knowledge to make informed decisions for a secure retirement. Don’t miss out on this informative discussion designed to empower your financial future!
The TSB Money Matter Podcast is produced by The Savings Bank, a community bank headquartered in Wakefield, Massachusetts. The information presented is for informational purposes and should not be considered financial, legal or tax advice. Consult with a banker or financial advisor about your personal or business finances.
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