Comments Off | Monday, September 13, 2010
An IRA is an Individual Retirement Account, and provides either a tax-deferred or tax-free way of saving for retirement. There are many different types of accounts within the world of IRAs, depending on the financial goals and situations of each individual, though traditional and Roth IRAs are the most common choices.
If you haven’t contributed to an IRA yet, you have until April 15, 2010 to open or contribute for the 2009 tax year.
Please consult your tax advisor for tax-related details.
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