| A | B |
|---|
| tax exempt | free from taxes |
| 401k | sponsored by employer |
| Keogh plan | self-employed retirement plan |
| 403b | tax deferred retirement for educational inst/non-profit |
| retirement | a specific point in time when one stops working |
| semi-retired | work some hours but not full-time |
| pre-tax dollars | deposit before taxes out of wages |
| after-tax investment | money that is deducted from your income after taxes were deducted |
| IRA | contribute money while working |
| TRATIONAL IRA | saving plan in which the income genereates deferred tax |
| TAX DEFERRED | taxes paid when money withdrawn |
| ROTH IRA | taxable deposits after 59 tax exempt |
| individual retirement account | I.R.A. |
| VESTED | years of work required to earn pension |
