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Important Facts About Traditional IRA Accounts

Posted by on Dec 6, 2018 in Investing, Retirement | Comments Off on Important Facts About Traditional IRA Accounts

Important Facts About Traditional IRA Accounts

It’s a common misconception that IRA is an investment. IRA is, in fact, a savings account (often referred to as a retirement account) that allows you to save retirement money. If you’ve heard of traditional IRA, then you know that this basic savings plan is a great way to minimize taxes and invest in various markets. In this article, we will be viewing some important facts you should know about traditional IRA. There is a limit on traditional IRA contributions You may not have known this, but there is a limit on traditional IRA...

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