An IRA is a great way to save for retirement.
- $10 one-time set-up fee
- $10 annual maintenance fee
Roth IRA
- Contributions are not tax-deductible
- Qualified distributions are tax-free
- You have more flexible withdrawal options
Traditional IRA
- Your earnings accumulate tax-deferred
- Contributions may be tax-deductible
Members should seek professional tax advice to determine which IRA is best for them.