SIE: 8.2.10.1. Individual Retirement Accounts (IRAs)

Taken from our SIE Online Guide

8.2.10.1. Individual Retirement Accounts (IRAs)

Individual retirement accounts (IRAs) are retirement plans that allow individuals to contribute to a retirement account with pre-tax dollars. In other words, individuals are permitted to deduct a certain amount of money from their taxable income if they put it into an IRA

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