Retirement Saving Tax Strategies

Retirement saving tax strategies involve using the right retirement accounts during your working years and timing how you take money out in retirement.

 

Examples include:

• Employee 401(k) contributions
• Employer 401(k) contributions
• 403(b) contributions
• Traditional vs Roth IRA contributions
• Roth IRA conversions
• Backdoor Roth IRAs
• Self-employed retirement plans including SEP IRAs and 401(ks)

 

To learn more about how these strategies work, how much you could save, and how to put these strategies into action, contact a tax advisor now.