What Is A Traditional IRA?

A traditional IRA is normally some type of individual retirement account which typically are individuals which can make pre-tax contributions, together with the investments in the account grow tax-deferred

The owner of the retirement account normally pays the income tax on the withdrawals from a traditional IRA.

The benefits of the Traditional IRA are 1) you have many options to choose from 2) you save money for your retirement 3) your tax bill gets lower.

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