| Automatic
Investment Plan |
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An investment program that allows you to contribute as little as $20
a month. The funds are automatically deducted from your checking/savings
account or off of your paycheck and invested in a retirement account
or mutual fund.
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This
is the absolute best way to save money, you contribute the money before
you even see it. At $50 that's $600 per year that you are investing.
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Dictionary
