Your 401(k) is NOT a Retirement Plan

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Your 401(k) is NOT a Retirement Plan

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

There’s a reason 401(k)s 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 JB to create tax-free income in retirement, please call (803) 939-4848 or visit http://www.BeckettFinancialGroup.com.

Investment Advisory services offered through Brookstone Wealth Advisors, LLC (BWA), a registered investment advisor. BWA and Brookstone Capital Management, LLC are affiliated companies. BWA and Beckett Financial Group are independent of each other. Insurance products and services are not offered through BWA but are offered and sold through individually licensed and appointed agents.

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