What types of retirement accounts does Franklin Templeton offer?

Franklin Templeton Investments provides a diverse range of retirement account options tailored to meet the varying needs of investors. Among the most common types of retirement accounts offered are Individual Retirement Accounts, commonly known as IRAs. These accounts can be traditional IRAs, which allow individuals to make pre-tax contributions and defer taxes on earnings until withdrawals begin, or Roth IRAs, which offer tax-free growth and withdrawals by allowing participants to contribute after-tax income. In addition to individual accounts, Franklin Templeton also supports employer-sponsored retirement plans, such as 401(k) plans. These plans allow employees to contribute a portion of their earnings on a pre-tax basis, often with employer matching contributions, which can significantly enhance retirement savings. Franklin Templeton provides various investment options within these plans, enabling employees to tailor their investment strategies to align with their retirement goals. Furthermore, for self-employed individuals or small business owners, Franklin Templeton offers Solo 401(k) plans, which provide higher contribution limits compared to traditional IRAs, allowing for greater retirement savings potential. Lastly, there may also be options for custodial accounts or other retirement vehicles, depending on specific needs or eligibility. Investors interested in the full range of retirement accounts offered by Franklin Templeton are encouraged to explore the current web page, which can provide detailed information regarding each account type, associated features, and investment options available.