Sentences with phrase «common type of retirement account»

Not exact matches

Traditional and Roth IRAs are the most common secondary types of retirement accounts, although you'll want to be sure you understand the ins and outs of each before opening and investing in either to make sure you don't get penalized.

If you are interested in getting a tax - advantaged start on retirement by opening an account, you should know some basics to help you compare IRA plans.The most common types of IRAs are traditional, Roth, and SEP IRAs.

Regardless of the type of institution with which you open your retirement account and what kind of account you choose (there are in fact 11 types of tax - advantaged accounts; the most common being traditional and Roth IRAs), you should ask how they charge fees and commissions at the outset; the exact charges will vary based on the volume of your transactions or on the size of your assets under management.