LA Times Rollover subj. Crossword Clue Puzzle Answer from July 26, 2024
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Updated Jul 26, 2024
Rollover subj. LA Times Crossword Clue Answer
Let’s find the answers to Rollover subj. LA Times for the July 26, 2024 edition of LA Times crossword puzzle. Answer Contains 3 letters. Start with I and end with A, and the possible solutions are ICA, IDA, IRA.
The answer is IRA.
"Rollover subj." refers to the financial term "IRA," which stands for Individual Retirement Account. An IRA is a type of retirement savings account that provides tax advantages for individuals saving for retirement. The term "rollover" specifically relates to the process of transferring funds from one IRA to another or from other qualified retirement plans into an IRA without incurring tax penalties. This mechanism allows individuals to maintain the tax-deferred status of their retirement savings while potentially taking advantage of different investment options or financial institutions.
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