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“Compound interest is the eighth wonder of the world. He who understands it, earns it.” — (commonly attributed to) Albert Einstein
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Add your 6% plus the employer’s match on the first 3% to get the total annual contribution.
Did You Also Know...
By Quiz Coins
Roth IRAs are funded with after-tax dollars so qualified withdrawals are tax-free, while traditional IRAs offer tax-deferred contributions.