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.

You Can Find My Investing Portfolio Here

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s