Michael Patton Advising: Taxes on Retirement Plans

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Published March 23, 2019 4:23 am
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CLARION, Pa. (EYT) — Michael Patton, of Patton Financial Advising, submitted the following article on Taxes on Retirement Plans.

When Must Taxes Be Paid on IRA and Employer-Sponsored Retirement Funds?

Traditional IRAs and most employer-sponsored retirement plans are tax-deferred accounts, which means they are typically funded with pre-tax or tax-deductible dollars. As a result, taxes are not payable until funds are withdrawn, generally in retirement.

Read the full article here.

Patton Financial Advising
51 1/2 N. 4th Avenue
Clarion, PA 16214
814-226-9400

470 Broad Street
New Bethlehem, PA 16242
814-275-2300

Toll-free 1-877-547-2751

Visit website: www.pattonadvising.com

Securities offered through Cetera Financial Specialists LLC, member FINRA/SIPC. Advisory services offered through Cetera Investment Advisers LLC. Cetera entities are under separate ownership from any other entity.

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