**401k, Roth IRA, HSA, 529, etc.** A tax-advantaged account is a kind of savings plan or financial account, providing you with a tax benefit such as tax-deferral or tax exemption. They are either of: 1. [[Tax-Deferred]] - [[Traditional IRAs]] - [[Traditional 401k]] - [[401(k) Offshoots 403(b) and 457]] 2. [[After-Tax Investment]] 1. [[Roth IRAs]] 2. [[Roth 401(k) 403(b) 457 Accounts]] Another categorization possibility is: 1. [[Employer-Sponsored Savings Accounts]] - [[Traditional 401k]] - [[401(k) Offshoots 403(b) and 457]] - [[Roth 401(k) 403(b) 457 Accounts]] 2. [[Individual Retirement Accounts]] - [[Traditional IRAs]] - [[Roth IRAs]] > [!tldr] 🤑 In all cases **Employer-Sponsored plans & IRAs can be stacked** to increase your annual contribution limits. There are other accounts for specific purposes: - Education: [[529 Accounts]] - Medical Expenses: [[HSA]] **** # More ## Source - [[Ultimate List of Tax Advantaged Accounts]] - /r/personalfinance ## Related - [[Retirement Index]] - [[Tax Index]]