Socking money away in an IRA is one of the best things you can do to prepare for retirement. Since you probably won't manage to cover all of your bills on Social Security alone as a senior, the nest egg you build could be crucial to covering your expenses and allowing you to enjoy retirement to the fullest.

Now that 2021 is coming to a close, it pays to spend a little time looking at your IRA and making changes as needed. Here are a few key moves to check off your list before the new year arrives.

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Source Fool.com