search query: @journal_id 50 / total: 1038
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| Author: | Toolson, R. |
| Title: | Which assets don't belong in an IRA |
| Journal: | Journal of Accountancy
1996 : NOV, VOL. 182:5, p. 73-76 |
| Index terms: | ACCOUNTING FINANCIAL PLANNING ECONOMICS |
| Language: | eng |
| Abstract: | Americans have billions of dollars invested in individual retirement accounts. How this money is managed can make a difference in securing a safe and comfortable retirement. But not all investments and activities are appropriate in IRAs for tax, legal and investment reasons. If CPAs help clients make the right decisions about which assets to include, over a lifetime the amounts available for retirement will increase significantly. To help CIAs advise clients on IRA investments, this article discusses activities IRAs should not engage in because of potential tax penalties, describes investments that generally should be put in an IRA as well as those that should be held outside. |
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