Traditional IRA
A traditional IRA allows you to make annual contributions
that may be tax deductible in the tax year they were made. You
defer paying taxes on the earnings and deductible limit is
$5,000 for the tax years 2009 and 2010. Also, an
individual who attains age 50 before the close of the year may
contribute an additional $ 1,000 "catch-up" contribution for
that year.
Roth IRA
A Roth IRA is a non-deductible account that features
tax-free withdrawals for certain distribution reasons after
a five-year holding period. The interest that is earned on
the account is also tax-free (subject to certain
qualifications). Since Roth IRA contributions are
non-deductible and taxed in the year they are earned, people
you expect to be in a higher tax bracket when they retire
may benefit more from a Roth than from a traditional IRA.
Want
to learn more about a Traditional
IRA versus a Roth? Click here!
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Coverdell Education Savings Account
Formerly known as
Education IRA, this is a smart way to save for your child's college education.
Find out more.
IRA Certificates
Earn higher dividends with an IRA Certificate. IRA Certificates are available with a minimum deposit of $500. Higher yields are available for larger deposits and longer terms.
IRA Loan
If you qualify for an IRA, Accentra will help you get one. If you don't have the cash to invest in an IRA, apply now for our Low-Rate Loan - $6,000 maximum loan amount ($3,000 for individual and $3,000 for spouse). If over 50 the limits increase to $3,500 each. Make low monthly payments over a specific term.
*IRA Certificates subject to Accentra penalties upon early withdrawal. (Withdrawals from your IRA after you retire and reach age 59½ will not be assessed a penalty by
Accentra) Please see Accentra Truth in Savings Disclosure for details. |
To open your IRA account, just give us a call and we will mail you the necessary forms.
Or, stop by our office to start saving for your retirement. You will be glad you did! 
