Part 1 of Essay
? English 121 Mr. Frost September 22, 1996 Outline Thesis: When planning for retirement, Individual Retirement Accounts offer several benefits; however, careful planning is essential to ensure that: upon retirement there is an adequate amount of money saved, that the heirs to the IRA are chosen carefully, and that ....

Part 2 of Essay
.... Taking money out before the age of 59 1/2. 3. Penalties for leaving money in too long. Many people often live their lives without considering how they plan to retire. People do not realize that the idea of living solely on the benefits of social security is not realistic. In order to secure a comfortable future, people must have some type of additional income. Sacrificing a small amount of money into an IRA at a relatively early age could make a considerable difference in the lives of peopl ....