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Many of us are covered by one or more types of defined contribution retirementplans, such as a 401(k), 403(b), 457, or any of a number of other plans. What many of these plans have in common is that they are referred to as Cash Or Deferred Arrangements (CODA), as designated by the IRS. So, what should you do about this?
For this, you’ll may want to build or add to a low-cost, globally diversified investment portfolio, allocated across a mix of stock and bond asset classes that reflect your personal financial goals and risktolerance. Once you’ve got your buckets in place, you can more accurately develop action plans that align with your goals.
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