Roth IRA

Recommended if you:

• Want tax-free withdrawals after retirement
• Wish to have a federally-insured retirement program
• Have earned income from employment that you can invest
• Have a higher income which prohibits you from making a deductible contribution under a Traditional IRA
• Want an IRA that allows you to postpone distributions for as long as you like and allows you to continue using earned income to make contributions even after age 70-1/2.

Important Facts

• Unlike the Traditional IRA, the Roth IRA contribution is not tax deductible.
• Earnings grow tax-deferred; if you do not make any withdrawals for at least five years, earnings become tax-free when you make a qualified withdrawal.
• Allowable contribution amounts are based on age and adjusted gross income.
• Early withdrawal penalties may apply.

Traditional IRAs
Roth IRAs
Coverdell ESA

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