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401(k)

Business retirement fund

403(b)

Teaching retirement fund

Point 1

Money taken out of each pay check before pay is taxed

Point 2

Put into retirement fund, can't be touched until retirement

Point 3

Saves you paying a lot of tax money

Annuity

A series of fixed payments paid at regular intervals over the specified period of the annuity. The fixed payments are received after a period of investments that are made into the annuity.

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