TAX DEDUCTED AND TAX DEFERRED:
Most folks have a 401K or an IRA. 401K's are typically Tax Deducted and Tax Deferred. Nothing wrong with them at all, but understand the "Tax Man" can not be ignored! When you turn 70 1/2 years of age, they become an IOU to the IRS in the name of "Required Minimum Distributions".
TAX DEFFERED AND TAX FREE:
Just think about this... Money that grows Tax Deferred and you never pay tax on the gain.
When we sit down with clients and educate them, they really like the later of the two.
We can show you how to make this work for you!