Shocking IRA Blunders: Are You Making These Costly Errors?
An Individual Retirement Account (IRA) can be a powerful tool for securing your financial future, but navigating its rules and regulations can be tricky. Making mistakes with your IRA can lead to significant financial consequences, so it’s essential to be well-informed. To help you avoid potential pitfalls, here are three common and costly IRA mistakes that can easily be prevented: #1 Beneficiary Mistakes An IRA passes on to beneficiaries, not through a will. Therefore, it’s …