Definition
An IRA is an Individual Retirement Account used to save for retirement with tax advantages.
Why It Matters
IRAs encourage long-term saving for retirement.
Example
Contributing annually to a traditional IRA.
Malone Global University
Malone Global University
Economics Glossary – Malone Global University
An IRA is an Individual Retirement Account used to save for retirement with tax advantages.
IRAs encourage long-term saving for retirement.
Contributing annually to a traditional IRA.