Individual retirement account


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An individual retirement account (IRA) in the United States is a form of "individual retirement plan", provided by many financial institutions, that provides tax advantages for retirement savings. An individual retirement account is a type of "individual retirement arrangement" as described in IRS Publication 590, individual retirement arrangements (IRAs). The term IRA, used to describe both individual retirement accounts and the broader category of individual retirement arrangements, encompasses an individual retirement account; a trust or custodial account set up for the exclusive benefit of taxpayers or their beneficiaries; and an individual retirement annuity, by which the taxpayers purchase an annuity contract or an endowment contract from a life insurance company.


Watch: Aamir Khan's daughter Ira finds 'alternate career', turns tattoo artist [Video]

Watch: Aamir Khan's daughter Ira finds 'alternate career', turns tattoo artist

Aamir Khan's daughter Ira has just disclosed a hidden talent on social media. She found an alternate career option as she ticked another goal from her bucket list. Ira made her first tattoo and shared..

Credit: HT Digital Content     Duration: 01:35Published

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