You can set up
several types of retirement accounts, including IRAs, 403 (b) s and 457 (b) s. Paycheck Planner allows teachers to distribute their paychecks over 12 months instead of the usual 10 or 11.
Not exact matches
In this article, we provide a brief outline
of several different
types of retirement savings
account options that will help you prepare for your
retirement goals.
There are
several tax benefits
of retirement planning, including reducing the amount
of income taxes you will pay during
retirement and ensuring that beneficiaries to
retirement and other
account types pay as little tax as possible.
SmartAsset's calculator leans on data that users provide regarding all
types of savings
accounts, including
retirement / investment
accounts already developed, so for those with a simple savings
account or no employer - sponsored benefits plan, like a 401 (k), this could mean skipping over
several vital inputs in the calculator and ending up with projections that aren't quite as intuitive as you'd like.