Want this question answered?
Be notified when an answer is posted
Yes, many people hold IRA accounts. The acronym IRA stands for Individual Retirement Account. There are many types of IRA, each promising different yields. Further information can be obtained from the IRS.
Many banks offer retirement accounts. Chase and Bank of America are two banks that offer the ability to set up an IRA.
AXA Equitable, About, and SmartMoney provide information about Individual Retirement Accounts and IRA retirement plans. AARP also provides information about IRA retirement plans.
There are 3 different kids of retirement savings accounts. There is traditional IRA, Roth IRA and Simple IRA. All this was started during the Bush administration under the "ownership society." act
An IRA is an INDIVIDUAL RETIREMENT ACCOUNT. An IRA is a personal savings plan that provides income tax advantages to individuals saving money for retirement purposes.
Yes. U can have as many retirement accounts as you want. Many people have multiple
Yes. U can have as many retirement accounts as you want. Many people have multiple
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.
Both 401k and Individual Retirement Accounts (IRAs) are retirement savings accounts. You may ask your old employer to do a direct rollover of your 401k plan to your IRA account with no loss of money.
There are varying types of retirement accounts where savings are held for the future once you have retired. One company that has retirement plans are, OppenheimerFunds, RPSS TR IRA stands for OppenheimerFunds-sponsored (RPSS) traditional/rollover (TR) individual retirement account (IRA).
There are many kids of IRA accounts. Traditional IRA, ROTH IRA, SIMPLE IRA and a few more are the various kinds of different IRA accounts. Traditional IRA accounts are one of the more common IRA but are also the most basic and simple to use.
QUALIFIED retirement accounts. like IRA, are protected so they can't. If its just $ you earmark for retirement....that is only your classification and means nothing.