UPDATE: 7 worst 401(k) mistakes by retirement savers
Investors who build tax diversification, get savvy with RMDs, mind state taxes, and avoid the 'tax torpedo' can lighten their tax loads considerably in retirement, says Morningstar's Christine Benz.
UPDATE: Dentists need to plan for retirement, too
The Phoenix Companies Launches Phoenix Personal Retirement Choice℠ Annuity
Get your financial plan off to a solid start.
UPDATE: Dentists need to plan for retirement, -2-
IRAs, 401(k)s, and Roth accounts are key components of your toolkit, so make sure you get the most out of them.
Out with old-fashioned terms that confuse; in with language that connotes flexibility.
These accounts have benefits for savers who are just getting going, but most will need a bigger toolkit for retirement, says Morningstar's Christine Benz.
Three reasons why.