Capital Choice Financial Group

Total Votes: 0  
Interest: 159

111 Center Park Drive Ste 205
Knoxville, Tennessee 37922

Email Us
View Mobile Site
Administrative Login

Display Number: 59446
Retirement Accounts

There are two primary types of retirement accounts to consider: IRAs and 401Ks. Both are popular tax-advantaged investment options. A 401K is a plan sponsored by an employer that allows employees to invest a piece of their paycheck, pre-tax, and offers opportunities for employer-matched contributions. Taxes are paid when money is withdrawn from the account.**

Conversely, an Individual Retirement Account (IRA) is an individual account not sponsored by an employer and offers more freedom for choosing investments since they are not limited to an employer’s plan. There are two different types of IRAs: Traditional and Roth. Contributions are made to a Traditional IRA with un-taxed money and are only taxed upon withdrawal. For Roth IRAs, contributions are made with previously-taxed money, but you’re not taxed when withdrawing funds.**

Click Here to Learn More

Your browser must support cookies to use the shopping cart.
Capital Choice Financial Group
Scott Marion, RFA
111 Center Park Drive Suite 205
Knoxville, Tennessee 37922