FAQ: 401k Retirement Plan

As posted at Triblocal.com: Elmwood Park Tax Accountant Offers Counsel on Tax-Free Retirement Fix For 50 years, James Passarelli Sr. has guided a wide range of business and individual clients on tax and financial planning. And over the past few years, he has seen frustration in his clients’ eyes like never before. And with good reason—many have suffered financial woe in the form of market gains wiped out, retirement dreams that have been dashed, and heightened concerns about affording children’s college education. “In my years of practice, I’ve seen ups and downs in the economy. I’ve seen families who have protected themselves from adverse conditions and I’ve seen some that have left themselves exposed financially,” Passarelli recounted. “But what the past few years have done to people is just so terribly sad.” Determined to take steps that offer a better way for his clients, the longtime Elmwood Park resident and three partners have founded Financial WealthCare, Inc., which centers its efforts on a legitimate tax-free strategy. Passarelli and his partners have dubbed it the Roth+ Retirement Plan because it has many advantages over 401(k), IRA, Simplified Employee Pension (SEP) and Roth retirement plans. To read the full story, visit tinyurl.com