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Look at these hopped up savings. Even if you have just $2,500 saved in your employer-sponsored plan, it has the possibility to become so much more by the time you retire. If you reinvest it in another income-tax-deferred plan, it could grow to $25,156 in 30 years (assuming an 8-percent rate of interest).
This is a hypothetical illustration and is not intended to imply the performance of any specific product. The example does not reflect the payment of taxes until the money is withdrawn from the account. |
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