Custodial IRA
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An Individual Retirement Arrangement (IRA) is a form of retirement plan that provides tax advantages for retirement savings in the United States. The term encompasses an individual retirement account – a trust or custodial account set up for the exclusive benefit of taxpayers or their beneficiaries – and an individual retirement annuity, by which the taxpayers purchase an annuity contract or an endowment contract from a life insurance company. From Wikipedia under the
GNU Free Documentation License Adjectivecustodial (comparative more custodial, superlative most custodial)
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