Concerned about the state of Social Security?
There are many advantages to the Traditional IRA:
Offers Independence, can be opened and funded without employer participation
Possible Tax benefits, with contributions and/or earnings tax-deferred until retirement.
Accessibility - Funds are always available
Flexibility - there is no minimum contribution in any year
You can contribute if:
You are under 70 1/2 and if you have earned income from employment
Individuals may contribute up to IRA established limits ($6,500 as of 2023)
When can I use my IRA Assets?
Until age 59 1/2 there is a 10% early distribution penalty unless you qualify for an exemption due to:
Beginning at 70 1/2 distributions from a Traditional IRA must begin.
Please contact our representatives for additional details and Information.