10 Must-Know IRA Terms

Posted on 30. Jan, 2006 by Jason Guthrie in Saving & Investing

Kay Bell posted a great synopsis of the 10 must-know IRA terms over at Yahoo Finance the other day that includes:

1. Ajusted Gross Income (AGI)
2. Contribution
3. Deductible / Nondeductible
4. Education IRA
5. Individual Retirement Account (IRA)
6. Modified Adjusted Gross Income (MAGI)
7. Required Minimum Distribution
8. Rollover
9. Roth IRA
10. Tax and Penalty-Free Withdrawals

If you’re not sure what one or more of those terms are, be sure and check out the story here to read the definitions.