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What are the best retirement savings options for someone with a small income?
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The best retirement savings options for someone with a small income include setting up an Individual Retirement Account (IRA), investing in a 401(k) plan, or taking advantage of tax-advantaged accounts such as Roth IRAs and Health Savings Accounts. These options can help you save money on taxes now while still having access to your funds later. You should also consider contributing regularly to your retirement savings account so that you can maximize your savings potential over time.