Individual Retirement Arrangement: Difference between revisions
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The IRA trust holds investment assets bought with a taxpayer's earned income, to be accumulated for the taxpayer's future retirement. | The IRA trust holds investment assets bought with a taxpayer's earned income, to be accumulated for the taxpayer's future retirement. | ||
Sometimes known as an individual retirement ''account''. | |||
Revision as of 21:49, 15 August 2022
Pensions - defined contribution - US.
(IRA).
An Individual Retirement Arrangement is a tax-advantaged pension plan in the US.
The IRA trust holds investment assets bought with a taxpayer's earned income, to be accumulated for the taxpayer's future retirement.
Sometimes known as an individual retirement account.
