The owner of a daycare center told police that she was hit in the face with a shovel by the girlfriend of a drunken father of three children in her care because she would not allow him to leave the center with the children.
Almost anyone can set up a traditional IRA. The only requirements are that you generally must have taxable compensation (typically, salary or wages from your job) and be under age 70Â½ in order to put money into an IRA. Beyond that, the basic mechanics of setting up an IRA are pretty straightforward.
A Traditional IRA is an Individual Retirement Account to which you contribute pre-tax or after-tax dollars, and which allows your money to grow tax-deferred. When you make withdrawals after age 59Â½, they're treated as current income.