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IRAs are a great way for you to save for the future. Your IRA can consist of a range of investments from savings accounts, stocks, bonds, and certificates of deposit or share certificates. You can contribute to your IRA up to a certain limit each year and if you're over 50, you are allowed an additional "catch up" contribution.The tax advantages of a Traditional or Roth IRA depend on your annual income and whether you are covered by your company's retirement plan.
Read more about What is the difference between a Traditional IRA and a Roth IRA?
You meet someone online and start a relationship by emailing and/or texting. This may continue for weeks if not months. You may able unable to meet this individual in person because he/she is in the military, overseas, or he/she indicates some other reason. However, this person has won your trust and you may have provided some personal information about yourself. Maybe you have provided him/her with your login credentials so they can remotely deposit a check into your account. Or, they may have a check sent to you to deposit. Either way, they will ask you to help them and wire funds to him/her.
Read more about What is the "Romance Scam"?
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