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You can also open an Individual Retirement Account (IRA). IRA?s are quite popular because the money is not taxed until you withdraw the funds. You may also be able to deduct your IRA contributions from the taxes that you owe. An IRA can be opened at most banks. A ROTH IRA is a newer type of retirement account. With a Roth Cheap Pablo Maffeo Jersey , you pay taxes on the money that you are investing in your account, but when you cash out, no federal taxes are owed. Roth IRA?s can also be opened at a financial institution.
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