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Terms Dictionary

Retirement

4 definitions in this topic

401(k) Plan

An employer-sponsored retirement account funded with pre-tax or Roth contributions, often with a company match, that grows tax-deferred until withdrawal.

Annuity

An insurance contract that converts a lump sum into a stream of payments, often used to create predictable retirement income.

Keogh Plan

A tax-deferred retirement plan for self-employed individuals and unincorporated businesses.

Roth IRA

A retirement account funded with after-tax money where qualified withdrawals, including growth, are tax-free.