Tax-Advantaged Accounts

401k, Roth IRA, HSA, 529, etc.

A tax-advantaged account is a kind of savings plan or financial account, providing you with a tax benefit such as tax-deferral or tax exemption. They are either of:

1. Tax-Deferred
   • Traditional IRAs
   • Traditional 401k
   • 401(k) Offshoots 403(b) and 457
2. After-Tax Investment
   1. Roth IRAs
   2. Roth 401(k) 403(b) 457 Accounts

Another categorization possibility is:

1. Employer-Sponsored Savings Accounts
   • Traditional 401k
   • 401(k) Offshoots 403(b) and 457
   • Roth 401(k) 403(b) 457 Accounts
2. Individual Retirement Accounts
   • Traditional IRAs
   • Roth IRAs

🤑 In all cases Employer-Sponsored plans & IRAs can be stacked to increase your annual contribution limits.

There are other accounts for specific purposes:

• Education: 529 Accounts
• Medical Expenses: HSA

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Source §

• Ultimate List of Tax Advantaged Accounts
• /r/personalfinance

Related §

• Retirement Index
• Tax Index