Which of the following is a benefit of an individual retirement account (IRA)?

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All of the options listed are benefits of an individual retirement account (IRA). IRAs offer tax benefits such as tax-deferred growth or tax-free growth, depending on the type of IRA. They also provide a level of asset protection from creditors under federal law, though the extent can vary by state. Additionally, IRAs allow for access to funds before retirement age without penalty for certain emergencies, such as unreimbursed medical expenses or purchasing a first home.

Which of the Following Is a Benefit of an Individual