Individual Retirement Accounts
- Traditional IRA
You pay no tax on the earnings until they are withdrawn, and for many individuals contributions are tax deductible!
- Roth IRA
Designed for the individual concerned about being in a higher tax bracket at retirement, the Roth IRA is a nondeductible IRA that offers "tax-free distributions". In addition to retirement, Roth IRA funds can also be used for a first-time home purchase.