Traditional IRA

Be rewarded later for thinking now about your future.

  • Fully tax deductible if customer or spouse is not covered by another retirement plan (if IRS qualifications are met)
  • Interest earned is tax deferred
  • Annual deposit can be an amount up to the individual’s permissible limit (not to exceed $5,000 per person, or $6,000 if age 50 plus)
  • Consult tax advisors regarding deductibility

More Options for IRAs: