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17y ago

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What is the difference between individual retirement plan and long term retirement plan?

RETIREMENT PLAN IS WHEN YOU ARE PLANNING TO RETIRE WHEN YOU HAVE NOT WORKED FOR A long time AND LONG TERM RETIREMENT PLAN IS WHEN YOU HAVE WORKED FOR A LONG TIME AND YOU WILL will be planning to retire


What does the term SEP- IRA mean?

The term SEP IRA stands for Simplified Employee Pension Individual Retirement Account. It is a retirement plan that is established by the employer or employee.


What is vested value in a life insurance policy?

Vesting is not a term that I have heard of in dealing with life insurance and I have been selling insurance for 23 years. The term vesting is usually seen in retirement plan. In a retirement plan vesting means that percentage of the funds in the retirement plan that belong to the employee. Now all retirement plans have 5 year vesting which means for each year you are in the plan your percentage goes up 20%. In the third year that you are eligible to be in the retirement plan you would own 60% of the funds in your account and if you left the employer you can take it with you.


How is the retirement plan and benefits of LPN?

What is the retirement plan of lpns?


What are the key differences between an employee savings plan and a 401k, and which one would be more beneficial for long-term retirement savings?

An employee savings plan is a general term for any employer-sponsored savings program, while a 401k is a specific type of retirement savings account. A 401k is typically more beneficial for long-term retirement savings because it allows employees to contribute pre-tax income and often includes employer matching contributions, which can help grow savings faster.


Financial Retirement?

form_title=Plan for Your Financial Retirement form_header=It's important to make sure you have enough financial resources to see you through retirement. What are your long term retirement goals?=_ What are you planning on doing during your retirement?=_ Do you have any savings for your retirement?= () Yes () No


What does R in IRA investment term mean?

Depends whether you're referring to an American retirement plan or an Irish terrorist organisation. Either "retirement" or "republican".


Is an IRA considered a retirement plan?

Yes, and IRA is considered a retirement plan. IRA stands for Individual Retirement Account (or Individual Retirement Arrangement).


What is the phone number for UPS Retirement Plan?

what is the phone number for the UPS retirement Plan


What is the retirement plan when you become an author?

It is your savings. There is no retirement plan for people who work for themselves except what they plan themselves.


What is retirement plan?

It is a plan for your retirement! Retirement plans usually center around the money you have saved up to live on after you stop working.


What is a Retirement Plan?

It is a plan for your retirement! Retirement plans usually center around the money you have saved up to live on after you stop working.