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IRAs FAQs: Coverdell ESA

Coverdell's sole purpose is to help you pay for your child’s education expenses, such as tuition, fees, books, supplies, equipment, and in some cases, room and board and computers

retired old couple enjoying a peaceful retirement with a UKRFCU IRA
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IRAs FAQs: Traditional IRA

A traditional IRA is a type of retirement plan that has been in existence since 1975. Traditional IRAs offer tax-deferred earnings and the possibility for tax-deductible contributions.