5. IRA Decisions: How to Start, Where to Go
I would imagine that just about any American with a TV set has heard the term "IRA" because brokerage firms and mutual fund companies tout the savings devices in their ads. That's not surprising. Besides the fact that IRAs (individual retirement accounts) are invaluable for individuals saving for retirement, they are a $3 trillion business for financial service companies.
One out of every four retirement dollars is in an IRA, according to the Investment Company Industry, the mutual fund industry's trade group. About 40 percent of U.S. households have an IRA. We're talking about 45 million households.
Despite a familiarity with the term "IRA," most Americans aren't sure what to do with them, which may ...
Get Saving for Retirement without Living Like a Pauper or Winning the Lottery now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
