The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of Timothy Weddle and not necessarily those of Raymond James. 401(k) plans are long‐term retirement savings vehicles. Withdrawal of pre‐tax contributions and/or earnings will be subject to ordinary income tax and, if taken prior to age 59 1/2, may be subject to a 10% federal tax penalty. Matching contributions from your employer may be subject to a vesting schedule. Please consult with your financial advisor for more information. Contributions to a traditional IRA may be tax‐deductible depending on the taxpayer’s income, tax‐filing status, and other factors. Withdrawal of pre‐tax contributions and/or earnings will be subject to ordinary income tax and, if taken prior to age 59 1/2, may be subject to a 10% federal tax penalty. Roth 401(k) plans are long‐term retirement savings vehicles. Contributions to a Roth 401(k) are never tax deductible, but if certain conditions are met, distributions will be completely income tax free. Unlike Roth IRAs, Roth 401(k) participants are subject to required minimum distributions at age 72 (70 ½ if you reach 70 ½ before January 1, 2020). Unless certain criteria are met, Roth IRA owners must be 59½ or older and have held the IRA for five years before tax‐free withdrawals are permitted. Additionally, each converted amount may be subject to its own five‐year holding period. Converting a traditional IRA into a Roth IRA has tax implications. Investors should consult a tax advisor before deciding to do a conversion.