Building your nest egg with an IRA: steps to do it right.
Success › Nbr. 2009, January 2009
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Building your nest egg with an IRA: steps to do it right.
There is no getting around it. If you don't work for a company that offers a 401(k) plan, you must get yourself an IRA and "max it out"--meaning that you make the maximum allowable annual contribution. Thanks to the miracle of compound interest--plus the huge advantage you get from not paying any taxes on your IRA contributions until you start withdrawing them--even a relative...
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