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Retirement Savings Account - A Retirement Savings Account is a type of retirement plan account that is envisioned to replace all three different types of Individual Retirement Accounts that are currently used in the United States: traditional IRA, Roth IRA and Simple IRA. Contributions would be made on an after-tax basis.

Roth IRA - A Roth IRA is an individual retirement account (IRA) in the United States. A Roth IRA may invest in a variety of options such as stocks or mutual funds.

Traditional IRA - A traditional IRA is an individual retirement account (IRA) in the United States. The IRA is held at a custodian such as a bank or brokerage, and may be invested in anything that the custodian allows (for instance, a bank may allow certificates of deposit, and a brokerage may allow stocks and mutual funds).

Roth 401k - The Roth 401K, as the name suggests, is a hybrid offering: a combination of the Roth IRA and the traditional 401K plans. US employers will have the opportunity to start offering this plan to employees beginning 2006.

irairarothtraditional

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