In my "Ask a Financial Advisor" series, I answer questions sent in by my clients, listeners of my podcast, and the general public. 
 
Here is a recent question I received from a friend:

"I invest in my company retirement plan and understand that the account is tax-deferred, meaning I don’t pay taxes as it grows but will pay taxes when I take the money out later.  

How much in taxes will I pay on this account and how are my other investments taxed? What other accounts are out there for me to utilize?"


Listen to this episode to find out my answer!