Tax-Deferred Savings

Tax-Deferred Savings: Deferred Taxation on Earnings
Tax-Deferred Savings accounts allow taxes on earnings to be postponed until the funds are withdrawn, often providing advantages such as tax-deferred growth.
SIMPLE IRA: Salary Reduction Plan for Small Employers
SIMPLE IRAs are a type of retirement plan that qualifying small employers with no more than 100 employees can offer to their employees. This plan allows self-employed individuals to contribute as well, facilitating tax-deferred retirement savings.

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