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Why do the Missed Fortune strategies state that qualified plans, such as IRAs and 401(k)s, do not provide the most attractive retirement benefits?

April 26, 2017Fortune IRAs k missed plans qualified retirement benefits State strategies

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Why do the Missed Fortune strategies state that qualified plans, such as IRAs and 401(k)s, do not provide the most attractive retirement benefits?

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Most people are motivated to invest in qualified plans for tax-favored treatment during the contribution and accumulation phases of retirement planning. When traditional qualified plans are liquidated in retirement, they produce the taxable results the government predicted and intended. It doesn’t make sense to postpone tax for some perceived advantage in the future. Non-qualified retirement vehicles can provide greater net spendable retirement income.