3 Ways a Brokerage Can Help Your Retirement Savings

This article was originally published on U.S. News by Kristin McFarland, Wealth Advisor at Darrow Wealth Management.

A brokerage account is the most flexible type of investment account. While there are no tax advantages, investors also have complete freedom to make contributions and take withdrawals without restrictions or penalties.

Using a brokerage account as part of your overall retirement saving strategy can provide a few key benefits including the potential to retire early, leave a tax-efficient legacy to your heirs, and the potential to reduce your tax liability in retirement.

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