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Technological progress generally has the effect of
Annual Contributions
Yearly monetary additions made to retirement savings plans, investment accounts, or other savings vehicles.
Taxable Amount
The portion of income, withdrawals, or distributions subject to tax.
Annuity Payment
Periodic payments received from an annuity contract, usually for retirement income, which can be fixed or variable in amount.
Roth IRA Withdrawals
Withdrawals from a Roth Individual Retirement Account that can be tax-free if certain conditions are met, such as the account being open for at least five years and occurring after the age of 59½.
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