How To Choose Best Retirement Plan?

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   Steve Savant

   Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona

   Choosing the retirement plan for yourself can be a daunting task, but here are a few factors that may assist you in your decision. First should you use a qualified or no qualified plans? Second, should you use your employer sponsored or individual retirement plan? If you are in a high tax bracket and your employer offers matching contributions, you should select a qualified employer sponsored retirement plan like a 401(k). But if your tax bracket is minimal and you like more flexibility that a regulated qualified plan, a non qualified plan using indexed life insurance may be appropriate for you. These are just a couple of considerations to get you started.

   Answered on September 4, 2013

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