There are different types of retirement plans. One of the best retirement plans available for workers is the Individual Retirement Account or the IRA. This type of retirement plan is not just a savings account but is also an investment account. The contributions that you make to your IRA can be used to buy different types of investments such as stocks, mutual funds, certificate of deposits, bonds, securities and a lot more.
There are two common types of IRA accounts, the Roth IRA and the Traditional IRA. Most often than not, people would choose Roth IRA over traditional … Read more at 2009 Taxes