IRA (Individual Retirement Account)

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In Ir Is It

IRA (Individual Retirement Account)

A tax-advantaged investment account that individuals use to save for retirement. IRAs come in various types, including traditional IRAs, Roth IRAs, Simple IRAs, and SEP IRAs. SPVs may accept IRA investments, up to 25% of a fund’s total capital contributions, in accordance with ERISA fiduciary and IRS prohibited transaction rules. Only self-directed IRAs are eligible to invest in SPVs.

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