What types of retirement accounts are offered by Legg Mason?

Legg Mason offers a variety of investment options that can be utilized within retirement accounts, but it is important to note that they do not directly offer retirement accounts themselves. Instead, they provide a range of mutual funds and investment strategies that can be employed within different types of retirement accounts, such as Individual Retirement Accounts (IRAs), Roth IRAs, Simplified Employee Pension (SEP) IRAs, and 401(k) plans. Investors often place Legg Mason funds in these retirement accounts to benefit from potential tax advantages and the opportunity for long-term growth. In more detail, an IRA allows individuals to save for retirement on a tax-deferred basis, while a Roth IRA offers tax-free growth and withdrawals under certain conditions. For self-employed individuals, a SEP IRA provides higher contribution limits. Additionally, many employers offer 401(k) plans, which may include Legg Mason's investment offerings as part of their plan. For the most accurate and up-to-date information about specific offerings and investment options available within various retirement accounts, it is advisable to check the current web page related to Legg Mason's investment products or consult with a financial professional.