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Hierarchy of Savings Vehicles

401(K)s, HSA, 529 Plans, and IRAs are all types of savings vehicles that you may have heard of. What do they all do, and more importantly, how do you know when to fund them? Capital Group’s graph breaks down which accounts should be funded and how much is recommended based on your age. Click here to explore the different accounts and schedule a meeting with us to go more in-depth on how you can save efficiently for your life goals. 

 

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