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How much money do I have to save every year to have the best retirement fund?
Wiki User
∙ 11y ago
Social security is not the best retirement fund. There is a maximum that goes in each year so you will not get enough in retirement from just that. 10-20% of your income into a separate retirement account would be ideal.
Wiki User
∙ 11y ago
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Which of these is the best description of a defined contribution plan?
the money an employer puts into a retirement fund for each employee
What is the best description of a define contribution plan?
the money an employer puts into retirement fund for each employee
Best available target retirement funds, worthwhile.?
The best available target retirement fund is different for everyone depending on needs and time-frame available. It is worthwhile because it will save you a lot of money.
How old do you have to be to start putting money in your retirement fund?
There is no minimum age to start your retirement fund but there is a minimum age to start using that money. The sooner you start saving the better off you'll be later on in life!
How long does it take to get your money from the provident fund?
When you reach retirement age or when you resign
A teacher deposited 3000 in a retirement fund If she didn't add any more money to the fund which earns an annual interest rate of 6 percent how much money would she have in 1 year?
A teacher deposited $3,000 in a retirement fund. If she didn't add any more money to the fund, which earns an annual interest rate of 6%, how much money would she have in 1 year
How much money did the Yankees make the first year of their franchise?
More what your retirement fund is
As employee of a company, you can put money in a _______ which is a retirement investment fund that you will manage?
401(k)
What is the definition of contribution plan?
the money an employer puts into a retirement fund or each employee
What is the best retirement fund for a 30 year old?
401ks are the best retirement funds. You should also look into mutual funds because of the fact that your money will only grow and will not be at risk for loss. But you should definitely invest a portion of your monthly check into a 401k
Could the Australian retirement fund program work in America?
In America most employees do have a retirement fund that they pay into so when they do retire they will recieve funds from their retirement fund. As far as everyone having a retirement fund that is working, it is their option to pay into it for when they retire.
Did Ronald Reagan ever take or borrow money from a railroad retirement fund?
No. I doubt that he ever even had any access to railroad retirement funds.
