IRA

Retirement may seem far away or it may be approaching soon. Either way, you likely have some questions as many people do. Today, we will tackle some of the most common questions.  What is an IRA? IRA stands for Individual Retirement Account. The purpose of it is to help people save for retirement. The two basic types of IRAs are Traditional and Roth.  Traditional: With a Traditional IRA, you are able to put pre-tax dollars away for retirement, which will later be taxed upon withdrawal. Roth: Read More

An IRA is an individual retirement account that is used as a tool for people to earn and earmark funds for retirement savings.  Retirement may seem far away, but the earlier you start to save, the better off you’ll be! You have flexibility when choosing investments and minimizing taxes, which means an IRA can play a huge role in how prepared you are for retirement.  With that said, many people don’t fully understand how IRAs work. They can be confusing. As a result, Read More