IRAs
Individual
Retirement Accounts (IRAs) are special
tax-advantaged savings accounts created
to encourage Americans to save money
toward retirement and for other
important financial needs. Traditional
IRAs allow for tax-deferred account
growth. Roth IRAs can offer tax-free
savings opportunities. Rollover IRAs can
be established with funds from a former
employer’s retirement plan or funds from
another IRA.
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Self-Directed IRA The expanded features of the Traditional IRA include substantially increased income limits for spouses and upfront tax deductions. Investors who are within five years of retirement may find the Traditional IRA the best choice. |
Roth IRA The Roth IRA, funded with after-tax contributions, offers tax-free accumulation plus tax-free withdrawals in retirement. Most investors with more than five years to retirement will find this their best choice. |
Education IRA
Education Savings Accounts allow
parents, grandparents,
relatives, and friends the
opportunity to make an
investment in a child’s future.
Education IRAs can be
established by any adult and
offer tax-free earnings and
withdrawals for qualified higher
education expenses such as
tuition, room and board, books
and supplies.
For more information please contact your CCS Registered Representative.