08.01.23 FedNow Explained / An Easy Way To Save On AC
The Clark Howard Podcast
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The Dirty Word: 401k Plans
An annuity converts money into the equivalent of a pension. 401k plans can, at administrators option, make available to you when you hit retirement,. The conversion is depending on the fund plan and some or all of your money could be turned into a lifetime stream of income. It just a newitizes any pension is an annuitization of the money available in that pension plan.
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