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What is retirement savings?
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13th Dec 2009 by Mark P. Cussen, CFP, CMFC
In the most general sense, retirement savings are, quite simply, any money that is earmarked to pay retirement expenses, regardless of what type of account that is housed in. In most cases, retirement savings are considered to be money that is growing inside a tax-deferred account or vehicle, such as an IRA, employer-sponsored retirement plan or annuity.
In the most general sense, retirement savings are, quite simply, any money that is earmarked to pay retirement expenses, regardless of what type of account that is housed in. In most cases, retirement savings are considered to be money that is growing inside a tax-deferred account or vehicle, such as an IRA, employer-sponsored retirement plan or annuity.
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6th Nov 2009 In Retirement
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Subjects: retirement savings,