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  2. Retirement plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Retirement_plans_in_the...

    Types of retirement plans. Retirement plans are classified as either defined benefit plans or defined contribution plans, depending on how benefits are determined.. In a defined benefit (or pension) plan, benefits are calculated using a fixed formula that typically factors in final pay and service with an employer, and payments are made from a trust fund specifically dedicated to the plan.

  3. A complete guide to 401(k) retirement plans: What is a ... - AOL

    www.aol.com/finance/complete-guide-401-k...

    A 401 (k) plan is a tax-advantaged retirement savings tool offered by employers that allows eligible employees to contribute a portion of their salary up to a set amount each year. Unlike ...

  4. Solo 401(k) - Wikipedia

    en.wikipedia.org/wiki/Solo_401(k)

    Solo 401 (k) A Solo 401 (k) (also known as a Self Employed 401 (k) or Individual 401 (k)) is a 401 (k) qualified retirement plan for Americans that was designed specifically for employers with no full-time employees other than the business owner (s) and their spouse (s). The general 401 (k) plan gives employees an incentive to save for ...

  5. 403(b) - Wikipedia

    en.wikipedia.org/wiki/403(b)

    The Employee Retirement Income Security Act (ERISA) does not require 403(b) plans to be technically "qualified" plans (i.e., plans governed by U.S. Tax Code 401(a)), but 403(b) plans have the same general appearance as qualified plans. While the option is available it is not known how prevalent or if any 403(b) plan has been started or amended ...

  6. What is retirement planning? - AOL

    www.aol.com/finance/retirement-planning...

    Top retirement plans Employer-sponsored plans. One of the easiest ways to get started with saving for retirement is through an employer-sponsored plan such as a 401(k) or 403(b). These plans make ...

  7. Building a Retirement Game Plan: 4 Steps To Take Now - AOL

    www.aol.com/building-retirement-game-plan-4...

    If you plan to maintain your current standard of living in retirement, you’ll need 70% to 90% of your pre-retirement income, according to the U.S. Department of Labor. If you’re currently ...

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