Participants will learn the different types of basic retirement plans. Each has its own benefits, costs and requirements. Though your retirement is years away, pre-positioning yourself early in your career and choosing the best option can mean a difference measured (literally) not in hundreds of thousands, but in millions of dollars. There is no substitute for a well chosen and executed plan.
Explain the difference between 401k, defined contribution plans, defined benefit plans and SIMPLE IRAs
Define what is a Roth IRA?
List the benefits of a well-designed retirement plan, and what are the downsides of delaying?
Analyze what kind of plan is best for me now, and does it make sense to change it later in my career?