Everyone’s favorite retirement account, the 401(k), is a great way to save, but it is just a tool, not a strategy. As our financial advisor Sean explains, without proper planning, you could face unexpected taxes, income gaps, and market risk. 

There’s a reason 401ks are known as tax time bombs: beyond being tax-deferred (which means you will pay taxes at an unknown and probably higher rate in the future), the Required Minimum Distributions can push you into a higher tax bracket in retirement.

We are living in a historically low tax rate right now, and taxes are set to increase at the end of 2025. If you’d like to work with Sean to create tax-free income in retirement give us a call at 603-715-2335 or click HERE to schedule time directly on Sean’s calendar.