Individual Retirement Accounts (IRAs)

Life goes by quickly. It’s never too early to save for your retirement. An IRA offers special tax advantages to those who qualify. There are different advantages to each type of IRA as well as different requirements and limitations. Make sure you consult a tax advisor and learn more about IRA Contributions Limits and Eligibility Requirements for each type of IRA.

Put the power of compounding to work for you and build peace-of-mind with a retirement nest egg.¹

Traditional IRA

• Save for retirement with tax advantages
• Contributions may be fully or partially deductible
• Generally, savings in your traditional IRA (including earnings and gains) are not taxed until distributed

Roth IRA

• Save for retirement with tax advantages
• You cannot deduct contributions to a Roth IRA.
• If you satisfy the requirements, qualified distributions are tax-free
• You can leave amounts in your Roth IRA as long as you live

Simplified Employee Pension (SEP)

A SEP plan allows employers to contribute to Traditional IRAs (SEP-IRAs) set-up for employees. A business of any size, even self-employed, can establish a SEP.

1. Subject to qualifications. $10 IRA transfer fee may apply.