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I have been working since i was 17 years old though i never pay attention yet with all the benefits and taxes that are being taken from my salary. Not until I came to a point that I had to apply for a loan because of some unexpected expenses that occurred to me last year. I didn't realize how valuable these taxes and benefits are and it's funny because I used to complain about them before.
Someone told me that I should take these salary taxes and deductions as on of my priorities because I am also the one who will benefit from it in return especially during my retirement days. I know that it is too far from me to think solely of my retirement but it is better to be sure that i am ensured and will be financially stabled when my retirement days arrived.
I'm not sure if you guys are familiar with the "Individual Retirement Arrangement" or simply referred as "IRA" but according to my friends, this form of retirement plan will definitely provide a lot of retirement benefits and some sort of tax advantages.
There are different types of IRA and each of them has different purpose but if you are planning to use it to make an investment then you must aim for self directed ira. You can acquire or avail self directed ira through IRA Company or simply known as ICO. They are special purpose limited liability companies Self directed IRA offers a lot of benefits and if you are the type of person who likes to invest money in order to maintain maximum profit, then self directed ira suits you well.