Updated: Oct 15, 2020
I have a lot of agents and advisors that read my blog, so I'm sure this will get some interesting thoughts and comments on social media.
What IS the "IRA Test"? The IRA test is to ask "What does IRA stand for?"
If you Google it, the most common belief is that it stands for "Individual Retirement Account". And that's wrong.
That's not what IRA stands for.