Retirement Plans

In basic terms, there are three different types of Retirement Plans. Understanding how each type of plan works should help you to decide whether or not you can or should use these assets prior to retirement as well help you chose the order in which to use them.

The three general types are:

For specific descriptions of each type, simply click on the name above for more information.

PLEASE NOTE: Retirement planning and the associated tax implications are complicated topics. While there may be certain times of urgent need when tapping into your retirement savings is the best option, this is not something anyone should do without careful consideration. As with all such decisions, we recommend consulting a professional financial advisor and/or an attorney prior to taking action.

However, if you are considering making an early withdrawal from a retirement account, we would like to offer the following information to assist you in making your decision: