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Community: Investing Wiki

Term Of The Hour

brokerage account taxes: Original post by Rocco Pendola of Demand Media In 1974, Congress created individual retirement accounts (IRAs) as tax-efficient vehicles for retirement savings. Even as they have changed and evolved, IRAs continue to fulfill that core mission. Real, practical distinctions exist between keeping money in an IRA and a "stock account," typically held at a bank or brokerage. The IRS treats…

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