An Individual Retirement Account (IRA) is a tax-advantaged investing tool that allows individuals to earmark funds for retirement. Each year, the IRA account owner can deposit funds to their account and reduce their taxable income, subject to current government rules and limitations. Also, under certain conditions, individuals over the age of 50 are allowed to make additional “catch-up” contributions.
For more information about opening an IRA, call or stop by any of our six convenient locations, or use our contact us page.
Fees could reduce earnings