Take advantage of employersponsored retirement plans from "summary" of Investing for Dummies by Eric Kevin Tyson
Employer-sponsored retirement plans are a valuable tool for building wealth over time. These plans typically offer tax advantages that can help your money grow more quickly than if you were investing on your own. By contributing to a retirement plan through your employer, you can reduce your taxable income and potentially pay less in taxes each year. Many employers offer matching contributions to their employees' retirement accounts. This means that for every dollar you contribute to your retirement plan, your employer will also contribute a certain amount. This is essentially free money that can help boost your retirement savings significantly. It's important to take full advantage of employer matching contributions, as they can have a big impact on y...
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