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  2. What retirees can do right now to reduce next year's taxes - AOL

    www.aol.com/finance/retirees-heres-now-reduce...

    “The year-end retirement account balance, though, is key to retirees because their required minimum distribution is based on that balance,” Ed Slott, a certified public accountant in New York ...

  3. How to save for retirement - AOL

    www.aol.com/finance/save-retirement-230635860.html

    Retirement accounts: Roth IRA vs. traditional IRA vs. 401(k) Once you’ve committed to saving for retirement, you have a choice of how and where to save. One of the most popular options is the ...

  4. Individual retirement account - Wikipedia

    en.wikipedia.org/wiki/Individual_retirement_account

    An individual retirement account [1] ( IRA) in the United States is a form of pension [2] provided by many financial institutions that provides tax advantages for retirement savings. It is a trust that holds investment assets purchased with a taxpayer's earned income for the taxpayer's eventual benefit in old age.

  5. 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 ...

  6. Comparison of 401(k) and IRA accounts - Wikipedia

    en.wikipedia.org/wiki/Comparison_of_401(k)_and...

    This is a comparison between 401(k), Roth 401(k), and Traditional Individual Retirement Account and Roth Individual Retirement Account accounts, four different types of retirement savings vehicles that are common in the United States.

  7. Retirement plans in the United States - Wikipedia

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

    Retirement plans in the United States. Average balances of retirement accounts, for households having such accounts, exceed median net worth across all age groups. For those 65 and over, 11.6% of retirement accounts have balances of at least $1 million, more than twice that of the $407,581 average (shown). Those 65 and over have a median net ...

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