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individual retirement account |
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Individual Retirement Account (IRA) A retirement account that may be established by an employed person. IRA contributions are tax deductible according to certain guidelines, and the gains in the account are tax-deferred.
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63% Source: Prudential Retirement Retirement Assets By Plan Type As of year-end, 2005 Type of Plan Assets Individual Retirement Accounts $3. Funded non-ERISA (Employee Retirement Income Security Act) pension plans that are tax-exempt under the Internal Revenue Code such as public-sector retirement programs, Section 457 plans, [section]403(b) arrangements--as well as individual retirement accounts (IRAs)--are now protected from creditors in bankruptcy. That money comes from individual retirement accounts . |
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Individual retirement accounts
