Traditional or Spousal IRA
- Summary
At some point, everyone has to start thinking about their retirement. Our traditional and spousal IRAs will help you enact a saving plan that's right for you. These IRAs will make sure that when the time comes to start relaxing, you can actually relax without having to worry about making ends meet. Contributions and interest are both tax deductible for qualified individuals, so it makes an ideal place to keep your money until you are ready to kick back!
- Features
- Interest tax deferred until pay out
- Fixed rate retirement account
- Minimum based upon investment vehicle chosen
- Contribution tax deductible for qualified individuals
- Up to $5000 contribution if under age 50
- Up to $6000 contribution for age 50 and greater
- Withdrawals can begin at age 59 1/2
- Available for individuals under age 70 1/2
- No set up or administration fees
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