An individual retirement account (IRA) that allows individuals to direct pretax income, up to specific annual limits, toward investments that can grow tax-deferred. Withdrawals made after age 59.5 are treated as current income. Distributions are required to come out of the account by the time the owner reaches age 70.5.
62% of people are not financially ready for retirement. QuickPlan for tablets is an easy to use tool that allows you, within minutes, to assess your own retirement readiness and to forecast your finances for the long term.