401(k) An employer sponsored retirement plan with automated contributions through your paycheck. Many employers offer to match a portion of what you save (=free money). Maximum contribution for 2019 is $19,000, and $25,000 if you are 50 years or older. Many plans offer a Traditional and a Roth option. The Roth 401(k) is not limited
The Financial Planning process is based on a mutual respect between the client and planner. Each person’s needs and goals must be assessed, before an individualized financial plan is developed.