Wealthy Habitat

Words explained

Pension

An employer promise to pay you a set income in retirement, now rare outside government.

Where it is explained in full

Roth or traditional: two jars, one tax bill. Pay the tax now or pay it later. That is the whole choice, and it turns on one number nobody knows: what your tax rate will be when you are old.

A definition says what a thing is; it never says whether it fits you. The guides explain how it works and name the professional who confirms it for a particular person. The No Advice Disclosure.

Ask about Pension

A model reads this page and answers from it. It will say when the answer is not on the page. Education, not personalized advice.