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Bob just retired at 70 and would like to liquidate, or cash-in,his savings from his 401(k) and Roth IRA. Who should he meet with to help make this decision

Respuesta :

Bob should meet a certified public accountant who would help him make his decision.

What is public accounting?

  • Public accounting can be defined as accounting firms that provide services to individuals, businesses (retailers, manufacturers, service providers, etc.), nonprofit organizations, and governmental bodies.
  • Public accounting businesses come in a variety of sizes, from sole proprietorships to a small number of enormous international corporations that employ hundreds of thousands of CPAs worldwide.
  • Between them are very major national and international corporations as well as local and regional businesses. CPAs, or certified public accountants, are frequently employed in public accounting.
  • After gaining some experience, many accountants quit the bigger public accounting firms to work for a company or another organization. They are referred to as a private accountant, corporate accountant, or internal accountant in their new role.

Public accounting businesses offer a variety of services, including consulting and advise on accounting systems, mergers and acquisitions, and much more.

Therefore, Bob should meet a certified public accountant who would help him make his decision.

Know more about Public Accounting with the help of the given link:

https://brainly.com/question/17312480

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