Wednesday, April 1, 2009

IRA - Individual Retirement Accounts

IRA - Individual Retirement Accounts

Traditional IRAs

Roth IRAs

Education IRAs.

Thinking of opening or adding to your IRA?

They're a type of interest-earning pension plan in which the permitted contributions and profits are not taxed till the funds are withdrawn, generally after age fifty-nine.

Because the investing are not taxed, they can rise more quickly and benefit by the power of compounding until they are withdrawn.

IRA contributions may be in full or partially tax allowable.