Individual Retirement Accounts

Individual Retirement Accounts (IRAs) are tax-advantaged accounts designed to help you save for retirement and complement other savings options like 401(k) plans. Traditional IRAs allow for tax-deferred growth, while Roth IRAs offer tax-free withdrawals under qualifying conditions. Each type offers unique benefits depending on your current financial situation and retirement goals.

An IRA can provide greater flexibility and a wider range of investment choices compared to workplace plans. Understanding how an IRA fits into your overall strategy can maximize your retirement savings and financial growth.

Get help with Individual Retirement Accounts

For expert advice on choosing and managing your IRA, contact Patti The Insurance Lady.