Choose between a Savings IRA or an Investment IRA.
For taxes, choose between Roth IRA or a Traditional IRA.
With a Roth IRA, you can withdraw your regular contributions at any time and they may be tax-free. Withdrawals can be made penalty-free for any of these reasons: reaching age 59 ½, death, disability, or a first-time home purchase.
With a Traditional IRA, you can enjoy tax-deferred growth on your earnings until withdrawal. Your contributions may also be tax-deductible, so consult a tax advisor to learn more.
Determine if you want to use your IRA with other savings options.
Retirement planning isn't a sprint, it's a marathon. Enjoy a retirement savings account with competitive IRA Savings account rates to help you have enough cash flow coming out each month when retirement day finally comes.
Certificate of Deposit
Earning more retirement savings is always a good idea. You can help your savings grow at a higher rate for set terms by investing your IRA into Certificates of Deposit.