When comparing IRA offerings, some vendors offer ETFs only, some offer open end mutual funds only, some offer both. This article discusses the differences between exchange traded funds vs. mutual funds to help you decide whether you require either or both in your IRA.
You want to retire securely and know that you need to be prepared financially before you take the “leap.” Have you done your homework?
Individual retirement account (IRA) assets in the U.S. are worth $7.5 trillion; this represents 31 percent of total retirement assets in the market, with 34 percent of U.S. households owning an IRA. Banks, investment houses, brokerages, online trading firms and other entities all want a piece of that gargantuan pie.