Reported about 1 year ago
TheStreet's recent interview with Retirement Daily expert Robert Powell at the NYSE discussed retirement savings options, highlighting various accounts like taxable, IRA, 401(k), Roth IRA, and health savings accounts. Powell emphasized the importance of diversifying funds across different accounts to ensure tax-efficient income in retirement, as saving solely in a 401(k) may result in significant tax implications upon withdrawal.
Source: YAHOO