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A retirement savings account is a type of retirement plan account that is envisioned to replace all three different types of individual retirement accounts that are currently used in the United States: traditional IRA, Roth IRA and Simple IRA. Contributions would be made on an after-tax basis. This is a major part of what the George W. Bush Administration's called the ownership society.
Video Retirement savings account
See also
- Pension
- Individual retirement account
- Roth 401(k)
- Substantially equal periodic payments
Maps Retirement savings account
References
src: islamicfinanceguru.com
External links
- The President's Savings Proposals: Tax-Free Savings and Retirement Security Opportunities for all Americans
- Types of Retirement Plans
Source of the article : Wikipedia