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Goya Funds Individual RetirementAccount (IRA) SIMPLE IRA For financial professional use only. Not for inspection by, distribution or quotation to, the public. I N V E S T M E N T M A N AG E M E N
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How to fill out retirement account IRA:

01
Gather necessary documents such as your social security number, identification, and tax information.
02
Choose the type of IRA account you want to open - traditional or Roth IRA.
03
Select a financial institution or brokerage firm that offers IRA accounts and open an account with them.
04
Complete the required account application forms provided by the financial institution or brokerage firm.
05
Decide on the amount you want to contribute to your IRA account. Ensure you stay within the annual contribution limits set by the IRS.
06
Determine your investment strategy and select specific investments for your IRA account.
07
Set up automatic contributions from your paycheck or establish a regular contribution schedule to ensure consistent savings.
08
Monitor your IRA account regularly and make adjustments to your investments as needed.

Who needs retirement account IRA:

01
Individuals looking for tax advantages and a way to save for retirement should consider opening a retirement account IRA.
02
People who want to have control over their investment choices within their retirement account.
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Those who have earned income and want to supplement their employer-sponsored retirement savings plans or don't have access to one.
04
Individuals who are self-employed or have their own business and want to save for retirement.
Note: It is always recommended to consult with a financial advisor or tax professional for personalized advice regarding retirement planning and IRA accounts.
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An Individual Retirement Account (IRA) is a savings account that provides tax advantages for individuals saving for retirement.
Any individual who meets the income eligibility requirements and wants to save for retirement can open and contribute to an IRA.
To open an IRA, individuals can contact a financial institution or investment firm and complete the necessary paperwork to open and fund the account.
The purpose of an IRA is to provide individuals with a tax-advantaged way to save for retirement and build long-term wealth.
Contributions to an IRA and any withdrawals or distributions must be reported on tax returns, along with the account balance and any investment gains or losses.
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