This article is intended only to provide you with the basics of IRAs, to get you started with your education. These days nearly everyone has an IRA – so it’s important to understand IRA basics. The following information holds true for both kinds of IRAs: traditional IRA and Roth IRA plans.
IRA accounts can be held at a variety of institutions: banks and credit unions, brokerages, mutual fund companies and insurance companies. Essentially, if it is a financial institution, quite likely there is an IRA offering.Establishing an IRA
Typically, an IRA account is established by filling out an application. …Read More