Thousands of investors have told us they are confused by the investment jargon that is used by financial advisors. We also know some terms, that investors don't understand, are used by advisors as sales ploys. They establish themselves as experts when they define a term you may not understand.
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Definition of 'IRA (Individual Retirement Account)'
Personal, tax-deferred, retirement account that people can set-up with a corporate trustee to accumulate additional assets for retirement.