Average 401K Balance Reaches Record Highs
In its latest quarterly report, Fidelity Investments revealed that 401K balances are at record highs for workers nearing retirement. Among those who are fifty-five years or older and have been with their employers for at least ten years, average 401K balances reached a record $255,000 this year. Using 401K rollover Roth IRA accounts can greatly minimize financial burdens for ardent 401K savers.
When planning for their retirement years, most people seek the ideal of tax-free retirement income. Even if achieving this ideal isnít possible, retirees can reduce their tax burdens through careful planning.
Financial advisers can provide people with unique insights into retirement annuity funds and other safe retirement aids. Rather than simply issue orders, the best financial advisers educate as they guide clients through financial decisions. Leading retirement experts are happy to illuminate each step of the safe money retirement planning process. As they enter their twilight years, retirees should invest in reasonable life & final expense insurance.
Financial Health is a worthy retirement planning company that helps people make hard decisions about their futures. This firm employs some of the best retirement and financial services experts Georgia has to offer. For more information on retirement planning and 401Ks, refer to FinancialHealth.co.
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