The 401(k) has been one of the most popularly chosen retirement investment funds for a long time. It offers future savings as well as tax benefits in the form of deferred taxes and tax-free gains. However, it has its own drawbacks, which include the limited choice of investment funds options and the choice of it being left on the client who lacks the expertise to select the right plan.
If you’re applying for a 401(K) soon, then you need a quick guide from William Schantz to help you make the right and informed decisions.