3 ETFs Perfect for Your IRA
Your IRA can be a wonderful place to build wealth for your retirement. Part of what makes it great is that that your money can compound for you more efficiently because those plans offer tax advantages. Most investments inside your IRA grow tax deferred until you pull the cash out in retirement. If you invest in a traditional IRA, you might even get a tax deduction when you contribute, and if you invest in a Roth IRA, qualified withdrawals are even free from income taxes in retirement.
The other key part of what makes an IRA great is that you can control your IRA. You can pick any broker and invest in a wide variety of assets, and with few exceptions, your money will benefit from those tax advantages designed into the way IRAs work. Unless you're into actively researching and monitoring your investments, exchange-traded funds (ETFs) can provide you with a great way to quickly and easily build your portfolio. With that in mind, these three ETFs are perfect for consideration in your IRA.
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Source Fool.com
