In order to qualify as a tax shelter, IRA saving plans must be invested in mutual funds.

Name: In order to qualify as a tax shelter, IRA saving plans must be invested in mutual funds.
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IRA saving plans can be invested in various types of assets, including stocks, bonds, and real estate, in addition to mutual funds. The main benefit of IRA accounts is the tax-deferred or tax-free growth of the investments.

In Order to Qualify as a Tax Shelter, IRA Saving