3 Investments to Avoid in Your IRA
Saving for retirement using an IRA is a great way to save on taxes and accelerate your path toward your financial goals. But not every investment will make the most of the tax advantages offered by an IRA. Here are three investments you're better off keeping in a regular brokerage account.
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Municipal bonds, or "munis," are debt instruments issued by municipalities. The advantage of investing in munis is that the interest payments are exempt from federal income tax. Plus, if you purchase bonds from municipalities in your home state, they're generally exempt from state income taxes as well.
Source Fool.com
