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 Dustin with Mundorf Wealth Management explains to Erin Kennedy 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 future rate), the Required Minimum Distributions can push you into a higher tax bracket in retirement. 

We are living with historically low tax rates right now, and taxes are set to increase at the end of 2025. If you'd like to work with Dustin to create tax-free income in retirement, feel free to reach out to Dustin.  Just text or call the number on the website or book a free chat by visiting www.LongLiveMyMoney.com.

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