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New Member
posted Mar 20, 2023 9:18:41 PM

What does having a retirement account mean

I'm just so confused

0 2 491
2 Replies
Level 15
Mar 20, 2023 9:21:13 PM

Like a 401K or IRA or ROTH IRA.  Where is it asking you?  

Level 15
Mar 20, 2023 10:31:32 PM

A retirement account is tax-deferred or tax-free. It is supposed to grow so you can retire and stop working.

you cannot access the funds until you reach age 59 1/2.

@chandlerthompson