# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Nontaxable Account

An account, such as a 401(k) plan or IRA, that allows your earnings to grow tax-free until you withdraw them.

Without the effect of taxes, more of your money is available to earn a return. You can trade securities inside a nontaxable account without paying taxes on your gains.

 

 

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