“Opening an Individual Retirement Account (IRA) is an important way for you to start funding a comfortable retirement and to help prevent you from outliving your money. If you don’t have a 401(k) retirement plan at work, an IRA is essential. No less beneficial are the tax-deductions for qualified deposits to traditional IRAs or the tax-exempt earnings you can receive in retirement (from Roth IRAs 5 years old or more).” This article gives a great overview of the types of IRAs.
At Ignite Funding a large percentage of our investors invest in Trust Deeds using their IRAs.
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