Home > Blossary: Individual Retirement Account (IRA)
Things you should know about American IRA's, the types, the investments involved, tax benefits....and more.

Category: Education

5 Terms

Created by: Timmwilson

Number of Blossarys: 22

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Collected Terms

An IRA is a tool for anyone to plan for retirement, while having the ability to earn additional capital on those funds. Most IRA contributions are tax deferred with the exception of Roth IRAs, and ...

Domain: Financial services; Category: Personal investment management

A rollover is the process of transferring funds and assets from one retirement account to another avoiding tax implications. This strategy is favorable when you are moving companies, or changing ...

Domain: Financial services; Category: Personal investment management

A Roth IRA is a retirement account that is slightly more flexible than that of a Traditional IRA. Initial contributions to this retirement account are not tax-deductible, but the distributions are ...

Domain: Financial services; Category: Personal investment management

Simply put, it is the conversion of assets from a Traditional, SEP, or SIMPLE IRA, into a Roth IRA. The reason for this conversion is the favorable end result of a Roth IRA, no distribution tax ...

Domain: Financial services; Category: Personal investment management

Traditional IRAs give the ability for individuals to contribute pretax income to an account, up to an annual contribution limit. These contributions may be used to invest into marketable securities ...

Domain: Financial services; Category: Personal investment management

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JohnMiller0171

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10:39, 5 November 2022

JohnMiller0171

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10:33, 5 November 2022

JohnMiller0171

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JohnMiller0171

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JohnMiller0171

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JohnMiller0171

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JohnMiller0171

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09:50, 5 November 2022
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