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IRA accounts have great benefits that should be a part of any well-rounded retirement plan. In this video, I go over some of the most important benefits of IRAs along with the 2020-2021 contribution limits as well as the income limits. Before you contribute to an IRA it is important to understand what you qualify for.

DISCLAIMER: This video is for entertainment and educational purposes only. It is not specific tax, legal or investment advice. Before considering acting on anything you see in this video, first consult with your tax, legal or investment advisor. While the information expressed in this video is believed to be accurate, neither Richard McCormack, CFP®, RICP®, nor School of Personal Finance make any guarantees to its accuracy.

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To becoming great with money,
Rich McCormack, CFP®
www.schoolofpersonalfinance.com

School of Personal Finance is an Investment Advisor registered with the State(s) of New York. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or the completeness of, any description of securities, markets or developments mentioned. We may, from time to time, have a position in the securities mentioned and may execute transactions that may not be consistent with this communication's conclusions. Please contact us at 914-299-3843 if there is any change in your financial situation, needs, goals or objectives, or if you wish to initiate any restrictions on the management of the account or modify existing restrictions. Additionally, we recommend you compare any account reports from SPF with the account statements from your Custodian. Please notify us if you do not receive statements from your Custodian on at least a quarterly basis. Our current disclosure brochure, Form ADV Part 2, is available for your review upon request, and on our website, www.schoolofpersonalfinance.com. This disclosure brochure, or a summary of material changes made, is also provided to our clients on an annual basis.