9 IRA secrets every supersaver should know

IRAs are complicated retirement vehicles, which is why it’s so easy zone out or get confused by their rules.

Some misconceptions are harmless, while others can lead to serious tax blunders. Don’t feel bad though; even financial advisers get tripped up by the intricate rules of IRAs. Figuring out how the accounts work and what’s allowed could be a full-time job. As a result, the list of things most people don’t know about IRAs could fill a book.

Following are nine common misconceptions about IRAs and our guide to help you sidestep them.