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Investing in This Retirement Account Could Hurt You if You Plan to Work Late in Life


Saving for retirement is critical, but it's just as important to think about where to stash your cash. There are seemingly countless options, from 401(k)s to IRAs to 403(b)s and more.

However, not all accounts are created equal, and sometimes there are advantages to saving in one type of account over another. And if you plan to continue working late in life, there's one particular retirement account that could cost you.

As you're shopping around for the right retirement account, you may be focused primarily on factors such as fees, tax advantages, or employer matching contributions. One element you may not be considering, though, is when you'll need to start making withdrawals.

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Source Fool.com


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