Chapter 11 - Taxable Versus Tax-Qualified AccountsYour financial investments such as stocks, bonds, and mutual funds must always be placed in an account. Before we start investigating these investment alternatives, we want to take an initial look at the two major types of accounts, taxable accounts (a.k.a. regular accounts) and tax-qualified accounts (examples: retirement accounts, educational savings accounts, medical and health savings accounts). The account is not your investment! It is simply where your investment are placed. This is a big source of confusion with many individuals. Let's take a look at the differences between taxable and tax-qualified accounts.
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