Examlex
As a general rule,you should _____.
Maximum Contribution
The highest amount that can be contributed to a financial account or plan, such as a retirement account, in a given period, often with tax implications.
Roth IRA
is an individual retirement account allowing withdrawals on a tax-free basis, provided certain conditions are met, financed by after-tax dollars.
Coverdell Education Savings Account
A tax-advantaged savings account designed to pay for education expenses at both secondary and post-secondary levels.
Traditional IRA
An individual retirement account that offers tax deferral on contributions and investment gains, with taxes paid on money withdrawn during retirement.
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