What is an IRA and Why is It Important for Your Financial Future?
An Individual Retirement Account (IRA) is a popular retirement savings option in the United States that offers tax benefits. There are two main types: Traditional and Roth IRAs. With a Traditional IRA, your contributions are tax-deductible, reducing your current tax bill, but you’ll pay taxes when you withdraw the funds in retirement. A Roth IRA, […]
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