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  2. Individual retirement account - Wikipedia

    en.wikipedia.org/wiki/Individual_retirement_account

    Individual retirement account. An individual retirement account[1] (IRA) in the United States is a form of pension [2] provided by many financial institutions that provides tax advantages for retirement savings. It is a trust that holds investment assets purchased with a taxpayer's earned income for the taxpayer's eventual benefit in old age.

  3. Roth IRA - Wikipedia

    en.wikipedia.org/wiki/Roth_IRA

    A Roth IRA is an individual retirement account (IRA) under United States law that is generally not taxed upon distribution, provided certain conditions are met. The principal difference between Roth IRAs and most other tax-advantaged retirement plans is that rather than granting a tax reduction for contributions to the retirement plan, qualified withdrawals from the Roth IRA plan are tax-free ...

  4. Traditional IRA - Wikipedia

    en.wikipedia.org/wiki/Traditional_IRA

    A traditional IRA is an individual retirement arrangement (IRA), established in the United States by the Employee Retirement Income Security Act of 1974 (ERISA) (Pub. L. Tooltip Public Law (United States) 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch. 18).

  5. Individual Retirement Arrangements (IRA): Definition, Types ...

    www.aol.com/finance/individual-retirement...

    IRAs are tax-advantaged retirement savings accounts. There are several types of accounts, each with its own eligibility rules and contribution limits. Some contributions are tax deductible. Some ...

  6. A complete guide to SEP IRAs: Why those who are self ... - AOL

    www.aol.com/finance/complete-guide-sep-iras-why...

    Contributions are made with after-tax money, and you’ll be able to grow the account tax-free and then withdraw your money tax-free in retirement. Annual contributions are limited to $6,500 in ...

  7. Inherited IRA rules: 7 things all beneficiaries must know - AOL

    www.aol.com/finance/inherited-ira-rules-7-things...

    An inherited IRA is an individual retirement account opened when you inherit a tax-advantaged retirement plan (including an IRA or a retirement-sponsored plan such as a 401 (k)) following the ...

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