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One Lonely Note on Retirement

Dashboard > Chapter 21: Retirement Plans – The End > One Lonely Note on Retirement

One Lonely Note on Retirement

Retirement Plans—Funding Those Early-Bird Dinners in Florida

IRAs, SEP plans, 401(k) plans—all of these are vehicles that the government has established over the years to let us sock away money to tide us through those Sunset Years. To combat our natural inclination to consume now rather than save for later, the government gave us two nice incentives. If the plan is considered to be qualified, money that we contribute is deducted from our other income, so we pay less tax now and the ear...

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