Compareand contrast traditional and roth and sep iras and, Ask an Expert

Accounting

Compareand contrast traditional and Roth and SEP IRAs and discuss various advantagesand disadvantages as well as distribution methods and limitations.

If you were a financial advisor, what type of recommendation would you make foran employee of a firm who has access and can participate in a 401k plan with a3% match at 100% and 15 mutual fund choices versus having a traditional or RothIRA? The employee only has $5,000 annually for retirement they can afford tosave from their $60,000 annual income.

Which would you recommend and why? Support your post with evidence

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Taxation, Accounting

Category:- Taxation
Reference No.:- M91703914

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