How to Create More Tax-deferred Sources of Retirement Income


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Today, retirement is a journey – a time to explore new possibilities and a time that could last for 30 years or more. To help ensure you don’t outlive your income, consider the following:

  • The timing of your retirement will determine the payout options available to you and the amount of income you will need. 
  • You may need to fund a larger portion of retirement expenses from personal savings.
  • Your income deferral options may vary depending on your employer. 
  • Making pretax contributions in tax-deferred workplace plans and IRAs can substantially increase the amount that you accumulate. 
  • The American Taxpayer Relief Act of 2012 has raised federal income tax rates for many high income earners.

Eligibility and contribution rules for different retirement plans

If you plan to speak to an advisor about your retirement savings options, review the following information to help you prepare for a consultation by explaining eligibility and contribution rules for different retirement plans:


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