Retirement

The maximum IRA contribution limit for 2021 depends on investors’ age as well as income, and different rules apply to traditional and Roth IRAs.

A SEP IRA is a type of tax-advantaged retirement account that is available to self-employed people or small business owners and their employees.

A traditional IRA, lets you contribute money towards retirement with pre-tax income. That means you don’t have to pay taxes on eligible contributions in the year you make them.

A Roth IRA is a retirement savings account that allows you to contribute money after you’ve paid tax on it, not before. Learn more about Roth IRAs and how they work.

Tax-efficient investing is an approach to investing in which you endeavor to minimize or spread out your tax burden.

Annuities are similar to individual retirement plans in that bought by people who are planning for retirement and want a regular source of income after they stop working.

With a traditional IRA, you don’t pay taxes on the money you contribute each month. Rather, you pay taxes on that money years later when you withdraw.

Tax-deferred accounts were created to incentivize saving for retirement. 401(k)s and IRAs are two common types of tax-deferred accounts.

Retirement planning tools can include online calculators, software, or other programs that can help you take control of your retirement savings.