Traditional IRA Overview

A traditional IRA is a simple solution with immediate tax advantages. In fact, many experts recommend traditional IRAs because money can be contributed on a tax-deferred basis each year.

With a traditional IRA, you get:

• Opportunity to lower your tax liability. Contributions are tax deductible*.
• Tax-deferred growth. You don't pay taxes on your earnings until you withdraw money.
• A wide range of investment choices to meet your individual needs.
• Flexibility to invest as much as you'd like, up to annual limits.

Traditional IRA vs. Roth IRA

• Compare eligibility, contributions, and distribution details for traditional IRA's and Roth IRA's.
• Use online calculators to figure out which IRA better suits your financial needs.

*Based on your income level and other limitations, consult your tax advisor for specifics.