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Roth IRA
Contributions to a Roth IRA are not income tax
deductible, but withdrawals are not required and
generally not subject to tax or penalties. The
Roth IRA is transferred to heirs income tax free.
Traditional IRA
To pursue your retirement dreams, a Traditional IRA can be used as a vehicle to invest for retirement. Deductible and non-deductible contributions or a rollover from a qualified plan can be made to fund an IRA. |