Retirement Planning
What Is an IRA? Traditional and Roth Explained
A young couple sat in my office about ten years ago. He was 29, she was 27, both schoolteachers in the western suburbs. They'd just paid off her…
Retirement Planning
Retirement Planning
What Is a 401(k)? Your Employer Retirement Plan Explained
A 401(k) is an account your employer sets up that lets you save for retirement before income tax is taken out of your paycheck. The money grows tax-deferred,…