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Taxable account

A taxable account is one whose profits will be taxed as income. The term usually refers to brokerage accounts where the alternative can be various tax deferred or tax free accounts. The most common ones include an IRA, a Roth IRA, a 401(k) plan, but there are others including 403(b) accounts, 457 accounts, SEP-IRAs, Keogh plans, and annuities.

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