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Individual Retirement Accounts (IRAs) are an important component in getting capital into the financial system (though it's likely just been a boring conversation you've heard

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Individual Retirement Accounts (IRAs) are an important component in getting capital into the financial system (though it's likely just been a boring conversation you've heard your parents have, up until now). Explain what an IRA is and why it is important (both for the individual household and the financial system). Also, explain the differences between Traditional (conventional) IRAs and Roth IRAs. State your sources

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