- Traditional deductible IRAs,
- Traditional non-deductible IRAs, and
- Roth IRAs.
What You Need to Know About Making Contributions to an IRA
by Clark M. Blackman
Individual retirement accounts provide tax-advantaged opportunities to set aside money each year for your retirement. Understanding the basics of where each type of IRA applies and the rules relating to them is imperative to effectively using these tools—particularly given the changes in the rules that have occurred in recent years.
You generally have three types of individual retirement accounts (IRAs) from which to choose:
...To continue reading this article you must be registered with AAII.
to read this article and receive access to future AAII.com articles.
Already registered with AAII? Login to read the rest of this article.