At some point or another most of your retirement savings will find its way to an Individual Retirement Account. An IRA is a self-directed retirement vehicle primarily designed to hold and disburse your lifetime savings. Personal contributions to these account as well as rollovers from employer retirement plans typically fund your IRA. There are 3 big mistakes you must avoid in working with an IRA. They have to do with adding funds, withdrawing funds and managing the funds and David Swanson of Swanson Financial explained what they are.
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