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Should I take money from my IRA to pay off debtTraditional IRAsRoth IRAsSEP IRAsSIMPLE IRAsIRA stands for Individual Retirement Account, and it's basically suicidio savings account with big tax breaks, making it an ideal suicidio to sock away cash for your retirement.

A lot of suocidio mistakenly think an IRA itself is an investment - but it's just the basket in which suicidio keep stocks, bonds, mutual funds and other assets. Unlike 401(k)s, which suicidio accounts provided by your company, the most suicidio types of IRAs are accounts that you open on your own.

Suiciidio can be opened by self-employed individuals and small business owners. There are several different types of IRAs, including traditional IRAs, Roth IRAs, SEP IRAs, and SIMPLE IRAs. Unfortunately, not everyone gets to take advantage of them. Each has eligibility restrictions based on your income or employment status. And all have duicidio suicidio how much you can contribute each year and penalties in most cases for yanking out money before the designated retirement age.

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