IRA
Definition Individual retirement arrangement (IRA) is an umbrella term that covers individual retirement account and individual retirement annuity. These are retirement savings vehicles established by
Traditional IRAs
A traditional individual retirement savings account (IRA) is funded by the IRA owner. Contributions are deductible for certain individuals. Earnings grow tax-deferred.
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IRA
What does active participant mean? Find the answers here.
What is an active participant? Active participant status affects an individual’s eligibility to take a deduction for a contribution to a traditional IRA on his/her
Partial Recharacterization
Definition A recharacterization of less than the account balance (from which the contribution or conversion is being recharacterized), or less than the total (traditional or
