An investment vehicle that legally avoids or limits tax liabilities. For example, an Individual Retirement Account (IRA) allows for tax-deferred capital growth on retirement savings. Other examples include municipal bonds (munis) and annuities.
An investment vehicle that legally avoids or limits tax liabilities. For example, an Individual Retirement Account (IRA) allows for tax-deferred capital growth on retirement savings. Other examples include municipal bonds (munis) and annuities.
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