Roth IRAs are investment accounts that provide tax-free withdrawals in retirement, but contributions can be withdrawn at any time tax and penalty free as well. Learn the tax rules that govern these accounts to understand the lesser-known benefits of these unique investment vehicles.
When you leave your job, you have four (4) options to choose from with regard to your retirement account. Selecting the right option could help you avoid unforeseen tax consequences and save you money.
Before you leave your job, there are important things to consider to ensure that you maintain proper insurance coverage, have sufficient cash on hand, minimize any forfeitures, and avoid unnecessary tax consequences.