Retirement

Saving for retirement, and managing income once you retire, are two important aspects of personal financial management. When it comes to saving, tax-advantaged options such as a 401(k) or IRA can be smart choices. In addition to potential tax benefits, there is an opportunity for your savings to compound over time. FINRA's Smart 401(k) resource provides valuable information about how 401(k) plans work, whether you're just getting started or already retired.

Once you retire, the way you manage your income can mean the difference between living comfortably in retirement and running short of money down the road. Whether you are in retirement or still saving for it, there are actions you can take now to manage retirement income.

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