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Maximum Contribution
Maximum Contribution refers to the highest amount that an individual or entity can contribute to a retirement plan or investment vehicle in a given year.
Employer-Sponsored Plans
Retirement or health benefit plans offered to employees by their employer, including 401(k) and pension plans.
Coverdell Education
A savings account designed to help families pay for education expenses, offering tax-free growth and withdrawals when for qualified education costs.
Qualified Profit-Sharing
A retirement plan that allows employers to contribute to their employees' retirement savings, which are then invested and allocated to individual accounts.
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