IRAs
Tax-sheltered nest eggs
IRAs, or individual retirement accounts, are tax-advantaged savings accounts for retirement in the United States.
Traditional IRAs allow tax-deductible contributions with taxes due on withdrawal; Roth IRAs use after-tax contributions but grow tax-free.
She maxed out her IRA contributions this year.
The plural also refers to multiple such accounts: He consolidated his IRAs into one.
Taxes owed later, not now
- tax-advantagedOffering tax benefits
- tax-freeExempt from duties
- deductionConclusion from premises
- exemptionRelease from requirement
contribution limits · tax break · write-off · tax shelter · adjusted gross income · tax planning · pretax · after-tax
Tax-advantaged retirement savings account
- RothIRA permitting tax-free withdrawals
- rolloverVehicle flipping accident
- contributionSomething given to help
- distributionAllocation across recipients
withdrawal · beneficiary · annuity · social security · pension · retiree · nest egg · income stream
Collected works or assets
- stocksOwnership stakes or inventory
- bondsTies that unite
- mutual fundsCollectively managed securities portfolios
- index fundsSecurities mirroring market indices
securities · equities · asset allocation · diversification · dividends · capital gains · brokerage · risk management
tax-deferred
Taxes owed later, not now
- tax-advantagedOffering tax benefits
- tax-freeExempt from duties
- deductionConclusion from premises
exemption · contribution limits · tax break · write-off · tax shelter · adjusted gross income · tax planning · pretax · after-tax · tax bracket
401(k)
Tax-advantaged retirement savings account
- RothIRA permitting tax-free withdrawals
- rolloverVehicle flipping accident
- contributionSomething given to help
distribution · withdrawal · beneficiary · annuity · social security · pension · retiree · nest egg · income stream · early withdrawal penalty
portfolio
Collected works or assets
- stocksOwnership stakes or inventory
- bondsTies that unite
- mutual fundsCollectively managed securities portfolios
index funds · securities · equities · asset allocation · diversification · dividends · capital gains · brokerage · risk management · commodities
accumulation
Collected mass over time
deposit · account · contribution · compound interest · principal · balance · accrual · growth · long-term · systematic
- assetsproperty, cash, money, investments, bank accounts
- retirementretirement, retire, retirement age, retirees, retirement income
- investingstocks, stock, bonds, investing, investor
- investmentsbonds, stocks, securities, investment, equities
- Mutual Fundsmutual funds, equity funds, index funds, bond funds, balanced funds
- Banking servicesloans, mortgages, credit cards, savings accounts, checking accounts
Accessible bank funds
savings accounts · money market accounts · liquid assets · cash · credit cards
- traditional IRATax-deferred retirement account
- Roth IRATax-advantaged retirement account
- IRA contributionsDeposits to retirement account
- IRA accountsTax-sheltered savings vehicles
- rollover IRATransferred retirement savings account
- IRA memberRetirement fund contributor