Take advantage of taxdeferred investment accounts from "summary" of Investing for Dummies by Eric Kevin Tyson
Tax-deferred investment accounts are a valuable tool for investors looking to maximize their returns over time. By taking advantage of these accounts, individuals can potentially save significant amounts of money on taxes and increase their overall investment earnings. One of the key benefits of tax-deferred accounts is that they allow investors to postpone paying taxes on their investment gains until a later date. This can be particularly advantageous for individuals who expect to be in a lower tax bracket in retirement, as they may end up paying less in ...
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