There are plenty of people who do not take advantage of an IRA, but could. An IRA is a tool used for retirement investing. An IRA could mean two things, it could be an Individual Retirement Account or it could also be an Individual Retirement Annuity. It’s great if you have the opportunity to take advantage of an IRA because it can help you retire, but should you have a self-directed system?
Congress Enacts New Laws Making Iras Better Than Ever!
Have you heard of the “non-deductible” IRA? I’m not referring to the ROTH IRA, but a traditional IRA that many people are stuck with as their only option (for various reasons that make investing in other types of IRAs unavailable).