7 Reasons IRAs Are the Best Thing Since Sliced Bread
According to the folks at Gold Medal Bakery, sliced bread was invented on July 7, 1928, when Otto Frederick Rodwedder developed a bread-slicing machine. IRAs, on the other hand, came into being much later, in 1974, via the Employee Retirement Income Security Act (ERISA).
Often underappreciated, IRAs can be surprisingly powerful wealth builders -- and given that they can save us from financially precarious futures, they're pretty great indeed -- arguably even better than sliced bread.
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Source Fool.com