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Individuals Miss Out on Savings and Tax Benefits of IRAs
TIAA-CREF
Mar. 28, 2013
"Despite low participation and awareness of how IRAs work, the study shows people are open to the potential benefits that come with an IRA, with 57 percent of those who did not have an IRA saying they would consider one. This includes almost three-quarters of Gen X (ages 35-44), two-thirds of Gen Y (ages 18-34) and half of late baby boomer (ages 45-54) respondents who currently don't have an IRA."
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