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Retirement Account শব্দের বাংলা অর্থ: অবসর অ্যাকাউন্ট
Retirement Account Meaning In Bengali অবসর অ্যাকাউন্ট
Retirement Account
Definition
1) A retirement account is a type of investment account specifically designed to help individuals save money for their retirement. Examples of retirement accounts include 401(k)s, IRAs (Individual Retirement Accounts), and pension plans.
2) A retirement account is a tax-advantaged savings account that allows individuals to contribute a portion of their income towards their retirement savings, with potential tax benefits such as tax-deferred growth or tax-free withdrawals in retirement.
3) A retirement account is a financial tool that helps individuals build a nest egg for their post-working years by investing their money in various financial instruments such as stocks, bonds, mutual funds, or other assets.
Examples
Retirement Account Example in a sentence
1) John has been consistently contributing to his retirement account for the past decade.
2) Sarah decided to open a retirement account to start saving for the future.
3) Max's retirement account is managed by a financial advisor.
4) It is recommended to diversify your investments within your retirement account.
5) Rachel checks the performance of her retirement account regularly.
6) Mark plans to roll over his retirement account into a new one with lower fees.
7) It's important to start saving early and regularly contribute to your retirement account.
8) Employers may offer matching contributions to employees' retirement accounts.
9) Jennifer adjusted her retirement account allocation to be more conservative as she nears retirement age.
10) Saving in a retirement account provides tax benefits while accumulating funds for the future.
Part of Speech
Retirement Account (Noun)
Synonyms
Encyclopedia
A retirement account is a type of investment account specifically designed to help individuals save money for their retirement. Examples of retirement accounts include 401(k)s, IRAs (Individual Retirement Accounts), and pension plans.
A retirement account is a tax-advantaged savings account that allows individuals to contribute a portion of their income towards their retirement savings, with potential tax benefits such as tax-deferred growth or tax-free withdrawals in retirement.
A retirement account is a financial tool that helps individuals build a nest egg for their post-working years by investing their money in various financial instruments such as stocks, bonds, mutual funds, or other assets.
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