Understanding IRAs

Individual Retirement Accounts (IRAs) are one of the most powerful and flexible tools to accumulate funds for retirement.  An IRA is just that; an account. It is not an investment in and of itself. The money in an IRA may be invested in just about any type of investment, including mutual funds, stocks, bonds or CDs.

IRAs can be part of the foundation of a financially secure retirement. For many years, millions of individuals have made annual contributions to IRAs or used them to receive distributions from retirement plans on changing jobs or retiring. With these articles, Starion is providing additional information to help you gain a better understanding of IRAs so you can make a choice that fits your needs.

As with any investment plan, please contact your tax advisor for questions on how the plan might affect your taxes.