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  2. What Is a Personal Pension Plan, and How Can I Use One? - AOL

    www.aol.com/finance/personal-pension-plan-one...

    A personal pension plan is a type of long-term savings scheme where individuals contribute funds that are invested to provide income upon retirement. Unlike workplace pensions, personal pensions ...

  3. Employees Retirement System of Texas - Wikipedia

    en.wikipedia.org/wiki/Employees_Retirement...

    Employees Retirement System of Texas. Employees Retirement System of Texas (ERS) is an agency of the Texas state government. [1] ERS was created in 1947. [2] It oversees retirement benefits of state employees. [3] It is headquartered at 200 E 18th Street in Austin, Texas. [4] It is currently managed by CIO Tom Tull. [5]

  4. What's the difference between a pension and a 401k? - AOL

    www.aol.com/finance/whats-difference-between...

    While a pension is a defined benefit retirement plan, a 401(k) is a defined contribution retirement plan. Its certainty lies in what goes into the account -- such as when you contribute 5% or 10% ...

  5. Texas Municipal Retirement System - Wikipedia

    en.wikipedia.org/wiki/Texas_Municipal_Retirement...

    The Texas Municipal Retirement System (TMRS) is a statewide retirement system that provides retirement, disability, and death benefits for employees of participating Texas municipalities. TMRS was established in 1947 by Texas state law and is administered in accordance with the Texas Municipal Retirement System Act (Texas Government Code, Title ...

  6. Retirement planning - Wikipedia

    en.wikipedia.org/wiki/Retirement_planning

    Retirement planning, in a financial context, refers to the allocation of savings or revenue for retirement. The goal of retirement planning is to achieve financial independence. The process of retirement planning aims to: [1] Assess readiness-to-retire given a desired retirement age and lifestyle, i.e., whether one has enough money to retire

  7. Retirement in Texas: Why It Costs $644K (Plus Social Security)

    www.aol.com/retirement-texas-why-costs-644k...

    As soon as you enter the workforce, the ticking of your retirement clock starts ringing out like the "60 Minutes" stopwatch on a Sunday night. There's added pressure when it comes to figuring out...

  8. Individual retirement account - Wikipedia

    en.wikipedia.org/wiki/Individual_retirement_account

    An individual retirement account [1] (IRA) in the United States is a form of pension [2] provided by many financial institutions that provides tax advantages for retirement savings. It is a trust that holds investment assets purchased with a taxpayer's earned income for the taxpayer's eventual benefit in old age.

  9. The rule of 25 for retirement: What it means and how to ... - AOL

    www.aol.com/finance/rule-25-retirement-means...

    Rule of 25: After accounting for her Social Security and other sources of retirement income, Katie plans to spend $40,000 a year in retirement. 40,000 x 25 = $1 million, so Katie would need $1 ...

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