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Brenden Bosco

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Q: What is the purpose of tax-deferred retirement accounts?
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What is the purpose of tax deferred retirement accounts?

the answer is a if u use plato ware


Retirement Accounts?

form_title=Retirement Accounts form_header=Create a more secure retirement with a retirement account designed specifically for you. Do you have a 401k at your place of employment?*= () Yes () No How long have you worked for your employer?*= _Enter Number of Years[50] Are you interested in a Roth IRA?*= () Yes () No Have you started saving for retirement?*= () Yes () No


What banks offer Retirement Accounts?

Many banks offer retirement accounts. Chase and Bank of America are two banks that offer the ability to set up an IRA.


Can you declare bankruptcy if you have retirement account and savings account?

Yes, you can file a Bankruptcy if you have a retirement account. Most retirement accounts are not considered to be part of the bankruptcy state, and are out of the creditors' reach. This includes traditional 401(ks), IRAs, government retirement accounts such as CalSTRS and more.


Saving for Retirement?

Saving for retirement is among the least fun things to do, especially for a young person. However, the earlier than one starts saving, the easier that it is to do. Here are some tips for saving for retirement. Put money in accounts that do not mature until retirement- Surrender fees will keep even the most greedy hands out of the cookie jar. Pay yourself first- It is easier to pay retirement accounts when you view them as a bill and not an afterthought. Pick online accounts- Watching retirement accounts grow will provide incentive for the impatient to continue investing.


Can retirement accounts be seized by the government for student loan debt?

NO.


What has the author L L Unthank written?

L. L. Unthank has written: 'What you should know about individual retirement accounts' -- subject(s): Individual retirement accounts, Law and legislation, Taxation


Describe how a personal retirement account can help you in the future?

Voluntary personal retirement accounts are individual accounts that allow workers to invest a portion of their Social Security payroll taxes in bond and stock funds. Personal retirement accounts offer younger workers the opportunity to receive higher benefits than the current system can afford to pay, and build a nest egg for retirement that the government cannot touch.


If you have debt but have retirement accounts is it better to pay off the debt with the money in the retirement accounts?

Yes. Paying off debts is always in your best interests. Not necessarily. Unless the debt is substantial, it's far better to pay off the debt with money outside of a retirement account. Otherwise you are sacrificing your retirement and years of compound interest that can't be replaced. Your retirement accounts aren't a piggybank--if you aren't of retirement age, they should only be tapped in the case of an emergency, and just having a debt isn't an emergency.


Should social security be changed to include personal retirement accounts?

No


After foreclosing can a lender come after your retirement?

QUALIFIED retirement accounts. like IRA, are protected so they can't. If its just $ you earmark for retirement....that is only your classification and means nothing.


Where should you save for retirement Atlantic International Partnership asks?

Tax-favored retirement accounts such as individual retirement accounts (IRAs) and 401(k)s are the best places to save for your retirement. The different types of plans have different features, but most of them allow you to defer taxes on the money you save and the returns you earn within the account.