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 »

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A traditional Individual Retirement Account can be transferred online, by phone or in-person, indicates Fidelity on its website. To rollover funds from employer-sponsored 401(K) plans to traditional IRAs, investors compl... More »

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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 »

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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 »

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There are three ways to convert a 401(k) to a Roth individual retirement account (IRA) and these are same trustee transfer, trustee-to-trustee transfer and 60-day rollover, notes the Internal Revenue Service website. Rot... More »

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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 »

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