Why Traditional IRAs Are So Popular
Millions of Americans haveDavid Lerner Associates taken control of their retirement future by opening and investing in Individual Retirement Accounts since IRAs were first introduced in 1975. With assets totaling over $4.7 trillion, IRAs have become one of the most popular retirement savings vehicle in America. “The popularity of IRAs stems from the fact that not only do they offer an easy way to save money for retirement, but they may offer a current tax break as well,” explains Martin Walcoe, executive vice president at David Lerner Associates. “Depending on several different factors,