Individual Retirement Account

An Individual Retirement Account is a form of "individual retirement plan", provided by many financial institutions, that provides tax advantages for retirement savings in the United States. An individual retirement account is a type of "individual retirement arrangement" as described in IRS Publication 590, Individual Retirement Arrangements (IRAs).
Posts about Individual Retirement Account
  • Children’s College Savings Accounts In Bankruptcy

    … savings program account where the account balance is less than $10,000.00 dollars. Possible Changes in the Law It is important to note that more bankruptcy trustees may be moving in the direction of attempting to claw back tuition payments that insolvent parents made for their children. In a May 5, 2015, Wall Street Journal [6] article, it was reported…

    Ronald D. Weiss, PC- 16 readers -