Tax & Current Accounting Topics

Terms to help taxpayers better understand Individual Retirement Arrangements


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Terms to help taxpayers better understand Individual Retirement Arrangements 

https://www.irs.gov/newsroom/terms-to

 https://accountinginstruction.info/

Many taxpayers may have heard of Individual Retirement Arrangements, or IRAs, but some don't know how IRAs help them save for retirement.  People can set up an IRA with a bank or other financial institution, a life insurance company, mutual fund or stockbroker. Here's a list of basic terms to help people better understand their IRA options.

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Tax & Current Accounting TopicsBy Robert (Bob) Steele