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2. What are annuities and how do they work? - AOL

   www.aol.com/finance/annuities-163446674.html

   An annuity is a contract that provides someone a stream of income, typically in retirement, in exchange for money paid into the annuity. People often invest in annuities as part of their broader ...

3. What is a health savings account? - AOL

   www.aol.com/finance/health-savings-account...

   January 20, 2024 at 9:02 PM. A health savings account, or HSA, is a tax-advantaged savings account for paying medical expenses that is available to consumers with high-deductible health insurance ...

4. 60-day rollover rule: What retirement investors need to know

   www.aol.com/finance/60-day-rollover-rule...

   In a direct rollover, a worker requests assets in a retirement account such as a 401(k) or 403(b) be transferred to another retirement plan, such as an IRA. The proceeds move from one institution ...

5. 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.

6. Tax-deferred: What does it mean and how does it benefit you?

   www.aol.com/finance/tax-deferred-does-mean-does...

   This is the case for retirement accounts like an IRA or 401(k), which have required minimum distributions (RMD) starting at the age of 73. Missing or skipping an RMD can result in significant tax ...

7. 401(k) withdrawal rules: What to know before cashing out ...

   www.aol.com/finance/what-are-401k-withdrawal...

   A 401(k) loan is a type of loan that allows active employees to borrow from a retirement account balance, making you both the lender and the borrower. Not all retirement plans allow for 401(k ...