Many people pledge each year to set aside more funds to provide for a secure retirement.
Many consumers are confused by the role of the IRS when it comes to IRAs. The IRS issues letters to IRA sponsors, trustees, and custodians certifying that they are in compliance with requirements concerning investor rights, account administration, and standards that allow contributions to be deductible. While many investment offers are legitimate, the BBB advises consumers to carefully examine each one before committing to anything. Check with your state securities regulator to make sure the investment and the person selling it are registered. Phone numbers for your state securities regulators can be found in the government listings section in your phone book.