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American Accounting Association: The Retirement Savings Tools You Use Could Affect How Long Your Money Lasts
March 14, 2024
LAKEWOOD RANCH, Florida, March 14 (TNSres) -- The American Accounting Association issued the following news release:

A new study published by the American Accounting Association finds that people who rely on "deferred-tax" accounts to save for retirement may exhaust their savings faster than people who use "currently-taxed" accounts.

In the U.S., some retirement savings instruments are deferred-tax (DT) accounts, in which users pay taxes on the money . . .

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