With more than 20 years of experience in the finance industry, Atul Makharia serves Centaurus Financial clients with professional advice and a customized approach. Atul Makharia's experience extends to matters related to the stock market, annuity strategies, and 401(k) retirement plans.
A pre-tax 401(k) retirement plan is an investment plan that allows both the employer and the employee to put money into the employee's 401(k) account and receive tax deductions. Some employers also offer the after-tax Roth 401(k), which allows employees to have their retirement funds grow tax-free but does not reduce earned income by the contribution amount.
Generally, employees choose the pre-tax 401(k) retirement plan because they would rather defer some of their salaries today to have during retirement. People often choose after-tax Roth 401(k)s in their lower-earning years because the applicable tax rate is not as high.
Rick Mantei is the owner and founder of Cola Wealth Advisors. Securities and advisory
services offered through Centaurus Financial, Inc. Member FINRA and SIPC, a
Registered Investment Advisor. With the help of Kathy Nishnic, Atul Makharia, Lisa
Mantei, Matt Hawkins and Cindy Chiellini, the team assists more than two thousand
families in achieving their financial goals. Centaurus Financial, Inc. and Cola Wealth
Advisors are not affiliated companies.Please visit Cola’s website for more
information: https://www.colawealthadvisors.com/.
A pre-tax 401(k) retirement plan is an investment plan that allows both the employer and the employee to put money into the employee's 401(k) account and receive tax deductions. Some employers also offer the after-tax Roth 401(k), which allows employees to have their retirement funds grow tax-free but does not reduce earned income by the contribution amount.
Generally, employees choose the pre-tax 401(k) retirement plan because they would rather defer some of their salaries today to have during retirement. People often choose after-tax Roth 401(k)s in their lower-earning years because the applicable tax rate is not as high.
Rick Mantei is the owner and founder of Cola Wealth Advisors. Securities and advisory
services offered through Centaurus Financial, Inc. Member FINRA and SIPC, a
Registered Investment Advisor. With the help of Kathy Nishnic, Atul Makharia, Lisa
Mantei, Matt Hawkins and Cindy Chiellini, the team assists more than two thousand
families in achieving their financial goals. Centaurus Financial, Inc. and Cola Wealth
Advisors are not affiliated companies.Please visit Cola’s website for more
information: https://www.colawealthadvisors.com/.
