What Is A SEP IRA And How Does It Work?
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What Is A SEP IRA And How Does It Work?

What is a SEP-IRA? Most people know about both traditional and Roth IRAs or individual retirement accounts. Both types of accounts are a type of retirement account that you can open through an investment brokerage and manage all on your own. The traditional IRA is a retirement account that is similar to the traditional 401k…

Traditional IRAs and Roth IRAs – What Are They and What Are Their Benefits?
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Traditional IRAs and Roth IRAs – What Are They and What Are Their Benefits?

What are traditional IRAs? Traditional IRAs are individual retirement accounts offered by investment brokerages in the US. The money you invest in traditional IRAs is typically money that you contribute with after-tax money, and then you have the option to deduct these contributions from your total taxes for the year if your itemized deductions are…