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  2. Individual retirement account - Wikipedia

    en.wikipedia.org/wiki/Individual_retirement_account

    An individual retirement account (IRA) in the United States is a form of "individual retirement plan", 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.

  3. Booming stocks helped create record retirement savings and ...

    www.aol.com/finance/booming-stocks-helped-create...

    The average retirement account balances of more than 30 million IRAs, 401(k)s, and 403(b)s at Fidelity Investments increased to record levels in the second quarter for the third consecutive quarter.

  4. Retirement - Wikipedia

    en.wikipedia.org/wiki/Retirement

    The standard retirement age varies from country to country but it is generally between 50 and 70 (according to latest statistics, 2011). In some countries this age is different for men and women, although this has recently been challenged in some countries (e.g., Austria), and in some countries the ages are being brought into line.

  5. 401(k) - Wikipedia

    en.wikipedia.org/wiki/401(k)

    When a former employee's account is closed, the former employee can either roll over the funds to an individual retirement account, roll over the funds to another 401(k) plan, or receive a cash distribution, less required income taxes and possibly a penalty for a cash withdrawal before the age of 59 + 1 ⁄ 2.

  6. Solo 401(k) - Wikipedia

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

    The self-directed Solo 401(k) Plan will allow the adopting employer to open the plan account at most local banks in order to obtain check writing ability as well as have a brokerage account. Contribution limits. The contribution limits for the Solo 401(k) are the same as a standard ERISA 401(k).

  7. The Employee Retirement Income Security Act of 1974 ( ERISA) ( Pub.L. 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch. 18) is a federal United States tax and labor law that establishes minimum standards for pension plans in private industry. It contains rules on the federal income tax effects of transactions ...

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