In this episode, we dive into the details of the 401(a) retirement plan and uncover the answer to a question many of you have asked: "Does a 401(a) earn interest?" The short answer is yes—but the growth you experience depends on the investment choices within the plan.

Join us as we explore the primary investment options available within a 401(a):

• Stocks and Stock Funds: Known for potentially high growth, these are tied to market performance and can offer substantial returns over time, but with higher risk.
• Bonds and Bond Funds: These options bring more stability, providing regular interest but usually lower returns than stocks.
• Fixed-Interest Investments: Ideal for those seeking safety, these offer guaranteed, modest returns.

We'll also discuss the tax-deferral benefits of 401(a) plans, where earnings grow without immediate tax implications—taxes are only due upon withdrawal in retirement. This episode is packed with insights for anyone navigating their 401(a) investment strategy, so tune in to make informed choices for your future financial security!

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