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  2. I’m a Financial Planner: This Is My 6-Step Retirement Plan

    www.aol.com/m-financial-planner-6-step-140200746...

    Creating a solid retirement plan is much like planning a road trip -- without a clear destination and a map to guide you, it's easy to get lost. ... Step 6: Monitor the Plan. Retirement planning ...

  3. 4 Simple Steps for Planning Retirement - AOL

    www.aol.com/lifestyle/4-simple-steps-planning...

    Step 3: Choosing a Retirement Plan. Understanding your different retirement plan options is an important way to leverage your savings, make smart decisions about taxes, and hopefully come out ahead.

  4. Retirement planning checklist: 5 key steps to being ... - AOL

    www.aol.com/finance/retirement-planning...

    5. Start saving. When it comes to investing for retirement, time is your best friend. Investing $500 a month at a rate of return of 7% over the next 30 years will get you over $560,000, even when ...

  5. Retirement planning - Wikipedia

    en.wikipedia.org/wiki/Retirement_planning

    Retirement planning, in a financial context, refers to the allocation of savings or revenue for retirement. The goal of retirement planning is to achieve financial independence. The process of retirement planning aims to: [1] Assess readiness-to-retire given a desired retirement age and lifestyle, i.e., whether one has enough money to retire

  6. Retirement plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Retirement_plans_in_the...

    Retirement plans are classified as either defined benefit plans or defined contribution plans, depending on how benefits are determined.. In a defined benefit (or pension) plan, benefits are calculated using a fixed formula that typically factors in final pay and service with an employer, and payments are made from a trust fund specifically dedicated to the plan.

  7. SEP-IRA - Wikipedia

    en.wikipedia.org/wiki/SEP-IRA

    If the self-employed person does have employees, all employees must receive the same benefits under a SEP plan. Since SEP-IRAs are a type of IRA, funds can be invested the same way as most other IRAs. The deadline for establishing the plan and making contributions is the filing deadline for the employer's tax return, including extensions.

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