3 Retirement Savings Tools We Should All Be Thankful For
On Thanksgiving, we're often encouraged to pause between turkey bites and express our gratitude for the things that matter to us the most -- family, health, and, ideally, financial stability. But it also wouldn't hurt to take a moment and acknowledge the retirement savings tools that have the potential to help millions of people build wealth and secure their futures. Here are three particularly important ones.
The beauty of IRAs is that anyone with earned income can contribute to one. Right now, IRAs max out at $6,000 a year for workers under 50 and $7,000 a year for those 50 and over. They also come in two main varieties -- traditional and Roth -- each of which offer their own distinct benefits.
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Source Fool.com
