A “Retirement Buckets” Action Plan
Simple, Easy-to-Use Conflict-Free 401(k) Advice
Use the HSA, Roth 401(k) and Traditional 401(k) to Create Buckets of Income
The 401(k) and Roth 401(k) are obviously retirement vehicles, but the new Amway HSA can also be used as an important financial planning tool if used appropriately. Each type of account provides you different types of income, and we will help you maximize these so to provide you the flexibility and income you desire upon that fantastic day when you retire.
Traditional 401(k)
The traditional 401(k) will likely be the largest bucket of retirement savings you accumulate due to the pre-tax benefit of the savings.
Roth 401(k)
The Roth 401(k) can be a great tool to accumulate a retirement bucket that will produce tax-free income. This tax-free income can be highly beneficial to you early in retirement while you or your spouse may still be working part-time so not to bump you into a higher tax bracket.
HSA
Paying for medical expenses with pre-tax dollars simply makes sense, and the HSA, with its tremendous accumulation benefits, allows investors the flexibility to have yet another bucket of retirement income to help manage a number of expenses during retirement.
Create Your Retirement Bucket Action Plan
Schedule a Consultation
We can help you understand the ‘Buckets of Income’ strategy for retirement. Make your appointment with us today to take advantage of the opportunities provided through your Amway Benefits plan.