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A Step-by-Step Guide to Saving for Retirement

Saving for your retirement requires careful planning, especially when it comes to navigating the rules governing private savings accounts and taxes. What’s more, recent laws have eliminated so-called stretch IRAs in most circumstances, so passing money to your heirs is trickier than ever. If you’ve accumulated a large nest egg, look into buying life insurance or taking advantage of the current loopholes in the estate tax law.