Broker Check

IRAs

Traditional vs Roth

Traditional vs Roth

The two most commonly used types of IRAs are Traditional and Roth. The primary difference between the two are how and when they give you a tax break. A Traditional IRA allows your contributions to be tax-deductible in the year they are made. A Roth IRA allows you to make withdrawals tax and penalty free as long as you are at least age 59.5. 

Learn more
Eligible to contribute to an IRA?

Eligible to contribute to an IRA?

Many factors can affect your eligibility and annual contribution amounts to an Individual Retirement Account (IRA) -- including your marital status, your current earned income level, and whether you participate in a retirement plan at work. 

Use our calculator to determine whether you are eligible to contribute to a Traditional or a Roth IRA and at what maximum contribution amounts.

Calculator