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Apr 6, 2025

Individual Retirement Account (IRA)

An Individual Retirement Arrangement (IRA) is a retirement savings plan in which you can contribute a portion of your annual earnings. This is recorded on Form 1099-R. There are two common types of IRAs: Traditional and Roth. Traditional IRAs are frequent if your income exceeds the amount required to qualify for a Roth IRA, you […]

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