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What mean traditional IRA?

Best Answer:

Traditional Individual Retirement Accounts are a type of retirement account that allow individuals to save money for retirement. With a traditional IRA, you can contribute money to the account tax-free, and your earnings on the account will grow tax-free until you withdraw them. This is a great way to save for retirement, because you won't have to pay income tax on the contributions you make, and the earnings on the account will be sheltered from taxes until you use them to retire.

Traditional IRA explained | A quick explanation of the Traditional IRA and rules

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