Personal Finance
10 Must-Know IRA Terms
Kay Bell posted a great synopsis of the 10 must-know IRA terms over at Yahoo Finance the other day that includes:
- Ajusted Gross Income (AGI)
- Contribution
- Deductible / Nondeductible
- Education IRA
- Individual Retirement Account (IRA)
- Modified Adjusted Gross Income (MAGI)
- Required Minimum Distribution
- Rollover
- Roth IRA
- Tax and Penalty-Free Withdrawals
If you’re not sure what one or more of those terms are, be sure and check out the story here to read the definitions.
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