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And 12 Retirement Plans, as Well as Others Form

And 12 Retirement Plans, as Well as Others Form

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hey guys what's up I'm Aaron and welcome back to the channel our retirement accounts are there for predominantly one purpose and that is to encourage us to save for our future they come with favorable tax treatment think about the Roth accounts which allow for tax-free growth or traditional accounts which allow for tax deferred growth but the perks of these accounts are there to incentivize us to want to save for our future your future being your eventual retirement when you step away from the workforce and no longer have a regular monthly paycheck that's what these accounts are for and they come with a lot of rules and restrictions about accessing the funds in them early but that's kind of the point you're not supposed to lean into these accounts or withdraw from them during your working years they're meant to provide for your future however that's not how everyone treats these accounts in fact ing to a new survey from bank rate

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