What to Know About Traditional IRAs
It’s never too early to start thinking about retirement. Whether you’re 20 or 50, you need a plan for your post-career life, and an individual retirement account (IRA) may be the answer. There are a few different types of IRAs, including traditional IRA, Roth IRA, SEP IRA, and SIMPLE IRA. The traditional IRA is quite common and has many benefits. Unlike a 401(k)—another type of retirement account—a traditional IRA isn’t funded...