Discuss the below:
Q1 Research the typical categories of retirement annuity plans?
Q2. What is a 401 (k) plan? What is a Roth IRA ? How are they different ?Why were they developed?
Q3. How do they work?
Q4. Compare and contrast the features of the two types of retirement plans?
Q5. What are the advantages of participating in 401 (k) ?What are the disadvantages?
Q6. What are the limitations and downsides of having a 401 (k) plan?