Specific Types of Retirement Accounts
There are several specific types of retirement accounts that can help you save for your future. Some common types of retirement accounts include:. Continue Reading Below
Encyclopedia Articles
Discover the definition of financial terms related to specific types of retirement accounts.
Understanding Target-Benefit Plans: Definition, Mechanics, and Considerations
Alessandra Nicole
Tax-Sheltered Annuities (TSAs): Understanding, Benefits, and Practical Guidance
Abi Bus
Flat Benefit Formulas: Definition, Application, and Considerations
Alessandra Nicole
What is IRS Form 5498?
Jamela Adam
The Prudent Expert Act: Definition, Compliance, and Implications
Abi Bus
Opt-Out Plans: Definition, Functionality, Benefits, and Considerations
Alessandra Nicole
Roth Options: What They Are and How to Make the Most of Them
Alessandra Nicole
Mandatory Distributions: Understanding, Calculating, and Navigating Retirement Planning
SuperMoney Team
Statement of Changes in Net Assets Available for Pension Benefits: Understanding, Importance, and FAQ
Alessandra Nicole
Understanding Gold Bugs: Strategies, Risks, and Investment Insights
Alessandra Nicole
Learn About Specific Types of Retirement Accounts
Gen X's $1.24 Million Retirement Gap: The Numbers, and How to Close It
SuperMoney Team
Trump’s New 401(k) Order: Will Crypto and Private Equity Change Retirement Forever?
SuperMoney Team
Free Financial Calculators: Mortgage, Retirement & Home Equity
Andrew Latham
Behind on Retirement Savings? How to Reboot Your Retirement Plan
Jessica Walrack
Defined Benefit Vs Defined Contribution Plans
Camilla Smoot
Secret of Retirement Savings: Making Up For Lost Time?
Jessica Walrack
Ultimate Retirement Guide
Andrew Latham
Walmart 401(k) Plan: 6% Match & Rules Guide (2026)
Emma Dillon
Can I Contribute to an IRA and my 401k?
Benjamin Locke
How To Roll Over a 401(k) To An IRA
Julie Bawden-Davis
Beagle 401k: Your Guide to Smart Retirement Planning
Benjamin Locke
10 Simple Steps To Planning A Comfortable Retirement
Gina Young
Are 401(k) Contributions Tax Deductible In 2026?
Andrew Latham
Roth IRA vs. Index Fund: 7 Key Differences Every Investor Should Know
Benjamin Locke
Types of Savings Accounts Explained: Which is Right for You?
Andrew Latham
Are Roth IRA Contributions Tax Deductible in 2026?
Andrew Latham
About Specific Types of Retirement Accounts
- 401(k) plans: These are employer-sponsored retirement plans that allow you to save a portion of your income on a tax-deferred basis. Your employer may match a portion of your contributions, which can help you save even more for retirement.
- Traditional IRAs: These are individual retirement accounts that allow you to save for retirement on a tax-deferred basis. Contributions to a Traditional IRA may be tax-deductible, depending on your income and whether you have a retirement plan through your employer.
- Roth IRAs: These are individual retirement accounts that allow you to save for retirement on a tax-free basis. Contributions to a Roth IRA are made with after-tax dollars, and you can withdraw the money you've saved in the account tax-free after age 59 1/2 as long as you've had the account for at least five years.
- Self-Directed IRAs: These are retirement accounts that give you more control over the investments in your account. With a Self-Directed IRA, you can invest in a wider range of assets, including real estate, precious metals, and private businesses.
- Gold IRAs: These are retirement accounts that allow you to invest in physical gold, silver, platinum, or palladium. With a Gold IRA, you can hold these precious metals in a tax-deferred or tax-free account, depending on whether it is a Traditional IRA or a Roth IRA.