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Retirement Plans

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This solution provides an overview on the different types of retirement plans and explains what plans are best for a persons individual situation.

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Solution Summary

This solution provides an overview on the different types of retirement plans and explains what plans are best for a persons individual situation.

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The best retirement plan in my opinion is the 401K. The 401K is the best in my opinon because it enables the participant to place pre-taxed monies into an account and withdraw the monies upon retirement. Depending on the company for which an indvidual works, dicates what type of that money can be placed. For instance, in large corporations, many of the companies only allow for the individual to place their ...

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