difference inherited ira vs regular ira
An Inherited IRA, sometimes called a Beneficiary IRA, is an account established by the beneficiary of an IRA to retain the tax advantages of assets held in the IRA of a deceased person. Individual 401(k) IRA. A 401(k) is a profit sharing plan for businesses.
An Individual Retirement Account, or IRA, is a way to save money for retirement that provides significant tax advantages. There are several types of IRA accounts, each with their own features, rules and benefits. Two closely related kinds of IRAs are the traditional IRA and the rollover IRA.