se71 commented on…

Dilbert's "Unified Theory of Everything Financial"

se71

but what is an IRA - or a 401K — 5 years ago

Some of this doesn’t translate well for the UK.

We don’t “need” health insurance, it’s an optional extra.

Seriously, what is an IRA?

Nov 17, 01:37AM | 2 comments

Comments

tsamuel

re: what is an IRA?

An IRA is an Independent Retirement Account. It is tax free contribution to an investment retirement account or it’s growth is tax free and the contribution is taxable. (depends on the type of IRA)

Dec 06, 08:23AM | Respond to this

se71

Ah, sounds like a pension then. Thanks.

Dec 07, 01:46AM | Respond to this


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