Episode 2: The Tax Trap of Traditional 401ks and IRAs

The 401k IRA Tax Trap

In this episode, we will address how accumulating significant savings into traditional 401 (k) s and IRAs can lead to a massive tax burden in retirement. 

Additionally, we will address the provision in the SECURE Act, which will change how we view leaving these retirement plans to the next generation.

~Kevin

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This is for general education purposes only and should not be considered as tax, legal, or investment advice.

Kevin Lao

I am the owner and lead financial planner @ IFS. We are an independent firm specializing in retirement planning. I also host The Planning for Retirement Podcast and can be found on YouTube, Spotify, Apple Podcasts and other streaming services. I live in Chattanooga, TN with my wife, three boys and two rescue pups. I love to travel, play golf and smoke (and eat) meats.