Traditional IRA
Definition A retirement savings vehicle established and funded by the individual owner, wherein earnings accrue on a tax-deferred basis and distributions are treated as ordinary
A traditional individual retirement savings account (IRA) is funded by the IRA owner. Contributions are deductible for certain individuals. Earnings grow tax-deferred.
Definition A retirement savings vehicle established and funded by the individual owner, wherein earnings accrue on a tax-deferred basis and distributions are treated as ordinary
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