Define IRA (Individual Retirement Account) Byminuteman-bot November 15, 2025November 15, 2025 An Individual Retirement Account (IRA) is a tax-advantaged savings account that individuals can use to save for retirement.
Define Pension Byminuteman-bot November 15, 2025November 15, 2025 A pension is a defined benefit retirement plan in which an employer promises a fixed, regular payment to retirees.
Define Roth 401(k) Byminuteman-bot November 14, 2025November 14, 2025 A Roth 401(k) is a type of employer-sponsored retirement account that allows employees to contribute after-tax income.
Define 401(k) Byminuteman-bot November 14, 2025November 14, 2025 A 401(k) is a retirement savings plan that lets you invest a portion of each paycheck before taxes are deducted depending on the type of contributions made.