Taxable vs. Tax-Deferred Savings
For years, people have been told to take advantage of company-sponsored plans when saving for retirement. And while that's generally good guidance—especially if the company does some form of matching contribution—it can get tricky the closer you get to retirement. This calculator can help you start to see the pros and cons of taxable and tax-deferred accounts.
For years, people have been told to take advantage of company-sponsored plans when saving for retirement. And while that's generally good guidance—especially if the company does some form of matching contribution—it can get tricky the closer you get to retirement. This calculator can help you start to see the pros and cons of taxable and tax-deferred accounts.
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Entering retirement with multiple sources of income can help some, but it may not be a best fit for all. What's best for you will depend on a variety of factors, including when you're considering drawing Social Security benefits.
