Do not believe everything you hear about IRAs unless you want to ruin your retirement!
We all try to stay as informed as ever, especially when it comes to securing our retirements. Be it that you already have an IRA account or that you plan on opening one soon, it is impossible to have missed all the dos and don’ts that float around the internet, along with many takes that people have and rules that you should not forget!
However, sprinkled in between a lot of useful information are times when there is also a lot of misinformation and retirement is a prime spot for that! From myths that are outdated and even just impressions of people instead of facts to simple ones that come from not reading much into them, we have gathered some of the biggest misinformation about IRA accounts and how things are done so that the air is clean and hopefully, help you decide what to do moving forward!
Have you heard about these myths? Are there other IRA facts about which you are not sure if they are true or false? Let us know about all these in the comments!