Roth 401(k) - this exists an employer-sponsored retirement plan that permits employees to set aside money for retirement, where the person pays taxes.
What is retirement?
Retirement exists as the withdrawal from one's position or profession or one's active working life. It exists a time when an individual that has been actively engaged in the workforce ceases to work for the rest of his/her life due to progressive age. Many organizations have a specified age at which employees retire. Retirement directs to the time of life when one chooses to always leave the workforce behind. The traditional retirement age stands at 65 in the United States and most other developed countries.
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