Stretching Your IRA
- Topics:
- Accounting software,
- Retirement
- Source:
- Investopedia
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Overview: When looking into retirement investing options, one may have come across the term 'Stretch IRA'. This is actually not a category of IRA, such as a Traditional, Roth, SEP or SIMPLE IRA; instead, it is more like a financial-planning or wealth-management concept that acts as a provision of the IRAs many financial institutions offer (but an institution may not refer to this provision by this specific term). This paper, discusses the stretch concept and the factors that determine whether an IRA includes a stretch provision.
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Format: HTML | Date: Jul 2004 | Pages: 3
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