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Indiana United Methodist Loan Fund |
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Tax Advantages An IRA provides tax-advantaged savings for retirement savings and may be an effective way to supplement your other long-term savings vehicles. Savings in tax-deferred accounts can compound more quickly than those in comparable taxable accounts. If you've contributed the maximum to an employer-sponsored retirement plan (such as a 401(k) plan), consider an IRA as the next building block toward a more comfortable retirement.
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