Individual Retirement Accounts (IRAs)

IRAs can help you save for retirement with significant tax advantages*. Today, IRAs are more flexible, and offer more generous contribution options so you can reach your goals faster and safer.

A traditional IRA saves tax-deferred dollars and lets you enjoy tax-deductible annual contributions. Penalty-free withdrawals can be made at any time for college expenses or the purchase of a first home*.

Roth IRA-Earnings grow tax-free and you are not required to receive distributions at age 70. Withdrawal of earnings is tax-free if certain distribution rules are met.


*Check with your financial advisor for more details about the IRA that's best for you and optimizes your tax-deductibility potential. Normally withdrawals prior to age 59 are subject to a 10% IRS penalty and possible bank penalties.