Phil Cannella – Phillip Cannella Blog: Phil Cannella doesn’t want the everyday investor left in the dark, which is why he goes to great pains to educate those coming through his doors so that they are made aware of essential factors that can influence their retirement decisions.
There are so many ins and outs to these retirement accounts, it is difficult enough for a financial professional to stay on top of it. This is why Phil Cannella insists that those who deal with the Crash Proof Retirement system keep their continuing education maintained and certificates up to date.
When it comes to your retirement accounts, Phil Cannella has these wise words to say: “If you’re like most American adults, you’ve paid into a retirement account throughout your working years with money from your paycheck. You were allowed to contribute to your 401(k), 403(b), IRA, SEP, Keogh or other government sanctioned retirement account with untaxed money from your earned wages and grow it tax-free in that account so long as you left it there for the rest of your working years. That’s the part that many people fail to understand about these retirement accounts. They don’t remain tax-free forever! You had the enjoyment of growing your accounts tax-free for decades. Eventually, Uncle Sam will come to collect and for many it will start at age 70½ with the Required Minimum Distribution, or RMD.”
Phil Cannella urges the consumer to get educated and come to one of his educational events.