Who uses individual retirement accounts? Q.Who uses individual retirement accounts? A.Almost all taxpayers may establish IRAs, but high-income taxpayers are more likely to have an account. Taxpayers may either contribute to IRAs annually—or roll over balances from employer-sponsored plans. Read more about Who uses individual retirement accounts?
What is an automatic 401(k)? Q.What is an automatic 401(k)? A.An automatic 401(k) enrolls workers automatically, assigning them a default contribution rate and allocation of funds that they are free to change later. Read more about What is an automatic 401(k)?
What kinds of tax-favored retirement arrangements are there? Q.What kinds of tax-favored retirement arrangements are there? A.Tax-favored retirement arrangements can be sliced and diced in various ways. There are three big differences, though: who sponsors them, who bears the risk, and when Uncle Sam takes his cut. Read more about What kinds of tax-favored retirement arrangements are there?