Tag: Roth IRAs
IRAs are supposed to provide retirement security for the middle class, not tax avoidance for the wealthy. One would think that a proposal to limit accumulations in Individual Retirement Accounts (IRAs) would not be very controversial. The favorable tax provisions accorded retirement saving are designed to encourage rank and file workers to save – not…
Given that private sector households now hold more money in individual retirement accounts (IRAs) than in defined contribution plans (see Figure 1), I am always looking for more info about IRAs. The Investment Company Institute (ICI), an organization dedicated to promoting public understanding of mutual funds, puts out information on IRAs based on its Annual Mutua…
