individual retirement account

An individual retirement account is a retirement investing tool for employed individuals that allows an annual contribution of earned income up to a maximum of $2,000. Some or all of the individuals may be deductible from current taxes, depending on the individual’s adjusted gross income and coverage by employer-sponsored qualified retirement plans

incidental benefit » income replacement ratio » individual policy pension trust » individual retirement account » inherited ira » in-service withdrawal » interest assumption

Investment Glossary - Investment Articles - Investment Directory