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Types of Brokerage Accounts
The first issue that Butch goes over with Tiger is how the accounts will be set up. With many different flavors, The Seven seems to be testing them more and more granularly. Fortunately, this is straightforward stuff but there are two really important things about any type of account that you need to memorize:
First: Accounts are either retirement or non-retirement. The main difference between the two is tax treatment. The IRS likes to get paid, and when you...
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