What types of Investment Accounts. Here’s What You Should Know. IRA vs Roth IRA, Roth 401-k, HSA.
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Your investment account can be an IRA, 401k, or any brokerage account that hold funds made up of stocks, bonds, and other investments.The right type of investment account will accommodate your savings goals, investing style and account ownership wishes. If you like having options, you’ve got plenty when it comes to investment account types. What’ll it be, an IRA? Taxable account? That’s one of the first questions financial firms ask when you set up an account.
This guide to the various types of investment accounts will help you find the best one based on your savings goals, eligibility, and who you want to retain ownership of the account (yourself, you and someone else, or even a minor).
#Roth IRA #401k #Investment Accounts…(read more)
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