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Is the Stretch IRA® a new type of IRA?

IRA stretch type
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Is the Stretch IRA® a new type of IRA?

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No, Stretch IRA® is a financial planning strategy that takes advantage of Internal Revenue Code Provisions. Remember, Stretch IRA® is NOT a product but rather a planning strategy that allows clients to pass on their IRA’s to their heirs allowing them to take distributions throughout their lifetimes.

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