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Saving For Retirement–It’s Complicated These Days!
What once, many years ago, was a fairly simple process has become a multi-dimension task. We’re talking about saving for retirement, where just socking money away in a savings account was the go-to way to do it. These days, the taxation implications of deferred compensation plans, annuity cash streams, and the like have rendered this an area where financial advice is often required. In a post today on USAToday.com, columnist Robert Powell examines the many variables and moving parts accompanying savings plans, and presents some new “rules of thumb” to consider. Read his post here…