This is a type of retirement investment account where contributions and interest are tax-deferred until a certain age requirement is met. With it, an individual is able to contribute pre-tax dollars up to a certain amount yearly.
Individual Retirement Account (IRA)
This is a type of retirement investment account where contributions and interest are tax-deferred until a certain age requirement is met. With it, an individual is able to contribute pre-tax dollars up to a certain amount yearly.