Dmitriy Fomichenko, President, Sense Financial
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You can also look into setting up an IRA account or a Roth IRA account. With these types of retirement plans, you can shop around for a plan provider that offers lower fees and investment choices that fit your goals and risk tolerance. With a Roth IRA, you pay taxes upfront, but will not have to pay taxes later on your investment gains. This usually works best for long term investments.
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