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When it comes to saving for the future, there are many options and sometimes confusing details to keep in mind. One of the most popular ways to save for retirement is with an IRA — an individual retirement account. These accounts can help you put away money and grow it for later use. They’re popular because they come with tax breaks that help your money go further.

But knowing how an IRA works and where to get one can be confusing, especially for those whose employers don’t provide them with a retirement account.

Read the full article in the Finances FYI section of The Seattle Times, sponsored by 1st Security Bank.