Brokerage Account vs. ERA
Immersed in the world of investing can be confusing, even if you have some previous experience and intuition. Options investors have countless types in terms of strategy and account. You might wonder about the difference between an IRA and brokerage account. As is the case in high school sisters Bobbsey there are basic similarities, but also some important differences.
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Distinction
IRA is an individual retirement account. Although the IRS allows free use of the death of IRA funds for other purposes, the main objective of the conference for the establishment of the Irish Republican Army to give investors an efficient way to save taxes for retirement. See the IRA in the first place as a means of financing the golden years of age so you do not have to collect soda cans and based on the relative poverty of Social Security.
You can your IRA maintained in the brokerage account. Brokerage account gives you the opportunity to invest in a number of products, including stocks, mutual funds and exchange traded funds, options, commodities and currencies of investment. In short, you can keep your IRA in a brokerage account, but can only say that in a family of funds or investment funds sponsored by the bank, such as deposits in investment certificates. Possession of the IRA in the brokerage account, however, gives you access to all the investments mentioned above and more.
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http://budgeting.thenest.com/ira-vs-brokerage-account-3818.html
Brokerage Account Comparison With Others
The online broker comparison tool allows you to review and compare all stock brokerages side by side. Research our ratings from the 2015 Broker Review, assess commissions data, fees, margin rates, account features, banking features, as well as mobile trading support for every discount broker.
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http://www.stockbrokers.com/compare
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