The Hidden Downsides of 401k Plans Explained #wealthtax #retirementplanning #money #rothconversion

The Hidden Downsides of 401k Plans Explained #wealthtax #retirementplanning #money #rothconversion

One of the major downsides of traditional 401(k) and IRA contributions is the tax burden. While you're saving on taxes upfront by contributing pre-tax dollars, you’re essentially "kicking the can down the road." Both your contributions and any employer match grow tax-deferred, but when you withdraw the funds in retirement, you’ll be taxed on everything. At Ardent Wealth Management, we help you navigate these challenges and find the right strategies to minimize your tax burden in retirement. Sign up for your complimentary consultation now - https://calendly.com/patricialloyd/co... #401k #IRA #taxplanning #retirementplanning #wealthmanagement #financialadvisor #taxstrategy #retirementgoals #financialplanning