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Todays Date: 
Fri Jul 30, 2010 EST 
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IRA 401K Mutual Fund Glossary


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IRA Center
This is the internet’s source for information on Retirement Accounts for beginners and professionals. The following information covers traditional IRAs, roth IRAs, 401(k)s, 401(k) rollovers, SIMPLE IRAs, SEP IRAs, 403(b)s, SARSEPs, Keoghs, Pension Plans. Do you participate in a retirement plan through your employer? You may be illegible to start a Traditional or Roth IRA as well.


Young people can benefit from the tax-deferred—and in the case of a Roth IRA, possibly tax-free—compounding available through an IRA. Any child who has earned income, whether it's from washing cars or babysitting, can open an IRA as long as he or she files a tax return. An annual IRA contribution may not exceed the child's total income from work or $2,000, whichever is lower.

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SUGGESTION: Have your legal guardian consult a financial advisor in regards to an Education IRA or U.G.M.A. account. Call Scott Ulves @ 310.712.0183 or toll-free @ 1-877-OPEN-IRA for more information.

I will be 18 years or over
 
 
 
 
 
 
 
DISCLAIMER
None of the information provided on this webpage should be construed as tax advice. You should be advised to consult your own tax professional regarding the tax consequences of your IRA strategy and investment activities.


 
 
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