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

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    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. Here are the biggest retirement changes coming in 2023 - AOL

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    The Internal Revenue Service announced record-high maximum annual contributions to 401 (k) and similar retirement accounts for 2023. Workers who have a 401 (k), 403 (b), most 457 plans, and the ...

  5. Retirement plans in the United States - Wikipedia

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    Retirement plan; Individual retirement account (IRA) Public employee pension plans in the United States; 401(k) 403(b) - Similar to the 401(k), but for educational, religious, public healthcare, or non-profit workers; 401(a) and 457 plans - For employees of state and local governments and certain tax-exempt entities

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  7. SIMPLE IRA - Wikipedia

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    SIMPLE IRA. A Savings Incentive Match Plan for Employees Individual Retirement Account, commonly known by the abbreviation " SIMPLE IRA ", is a type of tax-deferred employer -provided retirement plan in the United States that allows employees to set aside money and invest it to grow for retirement. Specifically, it is a type of Individual ...

  8. Pension administration in the United States - Wikipedia

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    The brokers may be employees of these firms or independent contractors. The plan assets of the organizational retirement plans in question sometimes reside on a trading platform that the administration firm control. More often, large financial institutions that provide a variety of investment options for plan participants hold the assets.

  9. 401(k) withdrawal rules: What to know before cashing out ...

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    The federal Employee Retirement Income Security Act of 1974 — or ERISA — prevents creditors from making claims against funds in retirement accounts like 401(k)s, protecting the money you paid ...

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