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No. Although IRA's can be invested into government securities, an IRA in general is a plan for individuals to save money for retirement. IRA's were created in 1974 with the Employee Retirement Income Security Act. IRA's have a tax advantage as an incentive for individuals to set aside income for retirement.

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Q: Are IRA accounts US Government Securities?
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What are the advantages of Roth IRA accounts?

The main advantage of a Roth IRA is the fact that it may not be taxed by the US Government, though this is only true provided certain conditions are met.


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