You can set up an IRA by

Question

Quizplus · Accepted Answer

All of the options listed (making annual contributions, rolling over a distribution from a qualified employer-sponsored plan, and rolling over from another IRA) are valid ways to set up an IRA. The best choice may depend on individual circumstances and financial goals. For example, if someone has a qualified employer-sponsored plan and is leaving their job, they may want to roll over that plan into an IRA instead of making annual contributions. It's important to consult with a financial advisor to determine the best option(s) for your specific situation.

You Can Set Up an IRA by