Many different retirement savings options provide tax benefits*, including:
- Tax-deferred growth.
- Income tax deductions.
- Income tax-free withdrawals.
- Income tax credit.
A Modern Woodmen representative would be happy to explain the different options available to best fit your needs.
*Tax issues can be complex. Consult a tax professional before making a decision.
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A 401(k) plan is an employer-sponsored retirement plan that offers several income tax benefits for those looking to save for retirement.401(k) plans