Investments

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How Does a 401k Work When You Retire? Managing Your Investments for a Comfortable Retirement

Start early and contribute consistently: The sooner you begin contributing to your 401k, the more time your money has to grow through compounding.  Understand withdrawals and taxes: Know the rules for traditional and Roth 401k withdrawals, including required minimum distributions (RMDs) and their tax implications.  Adjust investments as retirement approaches: Gradually reduce risk by shifting […]

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