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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. What Is an Individual Retirement Account (IRA)? - AOL

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

    An IRA is a type of financial account designed to help people build retirement savings over the course of many years. It’s a good way to get started at a young age, especially if you don’t ...

  4. Taxpayer Relief Act of 1997 - Wikipedia

    en.wikipedia.org/wiki/Taxpayer_Relief_Act_of_1997

    Taxation in the United States. The Taxpayer Relief Act of 1997 ( Pub. L. 105–34 (text) (PDF), H.R. 2014, 111 Stat. 787, enacted August 5, 1997) was enacted by the 105th United States Congress and signed into law by President Bill Clinton. The legislation reduced several federal taxes in the United States and notably created the Roth IRA.

  5. IRA taxes: Key rules to know and how much you can ... - AOL

    www.aol.com/finance/ira-taxes-key-rules-know...

    For Roth IRAs, you can take out any contributions to the account at any time without paying tax. And if you have any earnings on the money, it’s simple to figure out how much tax you’ll pay on ...

  6. 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 ...

  7. How to convert a traditional IRA to a Roth IRA - AOL

    www.aol.com/finance/convert-traditional-ira-roth...

    A Roth IRA is an individual retirement account that allows you to stash away after-tax dollars now and make tax-free withdrawals in retirement. Investing in one can be super advantageous — so ...

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