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Retirement Accounts

Definition

Retirement accounts are investment vehicles designed to help individuals save money for their post-employment years, often offering tax advantages. Common types include 401(k)s and IRAs, which typically hold traditional assets like stocks, bonds, and mutual funds. In the digital asset sphere, the term refers to the inclusion of cryptocurrencies or other digital tokens within these long-term savings plans. This integration provides a new avenue for asset diversification for individuals planning for the future.