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A traditional IRA, or Individual Retirement Account, is a designated monetary account that workers can pay into in order to have savings for their retirement. Traditional IRAs are held by banks or other financial institu... More »

Traditional individual retirement account (IRA) income limits vary depending on the investors modified gross income, but the max is $6,500 for those age 50 and older, and $5,500 for investors less than age 50, as stated ... More »

The 2015 income limits for a traditional IRA deduction are $71,000 for single or head of household filers, $10,000 for married filing separately and $118,000 for married filing jointly or qualifying widows/widowers, as s... More »

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IRA stands for Individual Retirement Account, which is a savings account with large tax breaks, according to CNN Money. There are different types of IRAs such as ROTH IRAs, SEP IRAs, SIMPLE IRAs and traditional IRAs with... More »

The 2010 contribution limit for a traditional IRA, or individual retirement account, is $5,000. Those who turned 50 that year could contribute an additional $1,000, for a total of $6,000. More »

A Roth IRA is an individual retirement account that investors fund with contributions from income that has already been taxed. Contributions therefore are not eligible for a tax deduction, but as long as the account owne... More »

Stretching an IRA refers to an estate planning concept that seeks to give the funds in an individual retirement account more time to compound tax-deferred. It is part of a strategy that allows the primary beneficiary of ... More »