Money Matters Blog
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IRA FAQs: Find Your Answers
February 3, 2020
Categories: Budget, Retirement, Save
Whether retirement is around the corner or many years away, you likely have some questions about how to prepare yourself financially. Today, we will tackle some of the most common questions.
What is an IRA?IRA stands for Individual Retirement Account. The purpose of it is to provide a tax advantaged way for people save for retirement on their own. The two types of IRAs are Traditional and Roth.
Traditional: With a Traditional IRA, contributions may be tax-deductible...
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