Tips for choosing the best retirement plan
The 401(k), the IRA, the 403(b), the 457 Plan, the Solo 401(k), the Simple IRA, the SEP IRA everyone is familiar with or has heard of Uncle Sam’s shorthand for popular retirement plans offered to the working populace of the country. while plans can be broadly divided into Individual plans (Rollover, IRAs, myRAs, Spousal IRAs, Roth IRAs and the usual traditional IRAs), Defined/Employer-sponsored retirement plans (Thrift Savings Plans, 457(b)s, 403(b)s/TSAs, Roth 401(k)s and the usual 401(k)s), and the Self-employed retirement plans (Simple IRAs, Solo Roth IRAs/Solo 401(k)s, etc.).
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