Examlex
Identify and give the historical significance of each of the following terms, events, and people in a paragraph or two.
-Abby Kelley
Traditional Retirement Plan
A retirement savings plan that offers tax advantages to the saver, often involving tax-deferred growth until withdrawals.
Postpone Taxes
A financial strategy that seeks to delay the payment of income taxes on earnings through various tax-advantaged accounts or investments.
401k Plans
Retirement savings plans sponsored by employers that allow employees to save and invest a piece of their paycheck before taxes are taken out.
403b Plans
Tax-deferred retirement savings plan available for public education organizations, some non-profit employers, and self-employed ministers.
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