INDIVIDUAL RETIREMENT ACCOUNT - IRA
Investing instrument used by individuals to save and earn money for retirement, the tax-advantaged way. There are different types of IRAs: Traditional, Roth, SIMPLE, and SEP.
Both Traditional and Roth IRAs are created by individual taxpayers who are permitted to pay off 100% of compensation up to the fixed maximum dollar amount. Traditional IRA can be tax deductible if the individual meet the following conditions: individual’s income, tax filing status, and coverage on the employer-sponsored retirement plan. Roth IRA contributions are tax-free.
SEP and SIMPLEs are retirement plans made by employers. Individual participant contributions are paid to SEP IRAs and SIMPLE IRAs.
Also called individual retirement arrangements.
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Industry Bet
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Risk Averse
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| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Industrial Production | Jul | |
| 08:30 | Producer & Import Prices | Aug | |
| 11:01 | New Yuan Loans | Aug | |
| 14:30 | Consumer Price Index | Aug | |
| 14:30 | Consumer Price Index Core | Aug | |
| 14:30 | Common Core CPI | Aug | |
| 14:30 | Trimmed Core CPI | Aug | |
| 14:30 | Median Core CPI | Aug | |
| 14:30 | Manufacturing Shipments | Jul |
