What are defined-benefit retirement plans? Q.What are defined-benefit retirement plans? A.Lifetime annuities promised by employers and, in most cases, partially guaranteed by the federal government. Read more about What are defined-benefit retirement plans?
What types of nonemployer-sponsored retirement accounts are available? Q.What types of nonemployer-sponsored retirement savings accounts are available? A.The two big types are traditional individual retirement accounts (IRAs) and Roth IRAs. The main difference: when the feds take their cut. Read more about What types of nonemployer-sponsored retirement accounts are available?
What kinds of tax-favored retirement accounts are there? Q.What kinds of tax-favored retirement accounts are there? A.Tax-favored retirement accounts can be sliced and diced in various ways. There are three big differences, though: who sponsors them, who bears the risk, and when Uncle Sam takes his cut. Read more about What kinds of tax-favored retirement accounts are there?
