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You can contribute up to $4,000 a year. |
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Earnings accumulate tax-free. |
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Earnings are not taxed when withdrawn according to guidelines. |
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Earnings may be withdrawn tax-free after 5 years for the following reasons: |
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- first time home purchases |
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- age 59½ |
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- death or disability |
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You do not have to take withdrawals at age 70½. |
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Consider a Roth IRA if you... |
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Don't qualify for a tax-deductible Traditional IRA. |
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Have earned income that meets the current guidelines. |
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Expect to be in a higher tax bracket when you retire. |
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Ask your financial professional about... |
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How a Roth IRA benefits your heirs. |
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Converting a Traditional IRA to a Roth IRA. |
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Accessing your IRA funds without penalties. |
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Consult your financial professional
For more information about retirement planning, make an appointment with your financial professional today. |
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