Compareand contrast traditional and roth and sep

Reference no: EM13995074

Compareand contrast traditional and Roth and SEP IRAs and discuss various advantagesand disadvantages as well as distribution methods and limitations.

If you were a financial advisor, what type of recommendation would you make foran employee of a firm who has access and can participate in a 401k plan with a3% match at 100% and 15 mutual fund choices versus having a traditional or RothIRA? The employee only has $5,000 annually for retirement they can afford tosave from their $60,000 annual income.

Which would you recommend and why? Support your post with evidence

Reference no: EM13995074

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