Everything You Need To Know About IRAs
While it is likely that you have heard about IRAs and how they can help you save for retirement, you may not know what exactly an IRA is or how it works. Here's a breakdown of everything you need to know about IRAs so that you can decide if one is right for you.
What Is an IRA?
An IRA, or Individual Retirement Account, is a savings account that comes with special tax benefits that allow your money to grow much faster than it would in a traditional savings account.