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10 Things You Must Know About Traditional IRAs

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The traditional IRA is one of the best options in the retirement-savings toolbox. You can open a traditional IRA at a bank or a brokerage, and the universe of investments is wide open to you. But with that freedom comes responsibility. Traditional IRAs have a lot of rules—break one and Uncle Sam will ding you. Follow those rules, however, and you can end up with a sizable nest egg down the road. To make the most of a traditional IRA, here are ten things you must know.

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