Watch this video to learn about how to get started with Individual Retirement Accounts, commonly referred to as IRAs. This video introduces you to Traditional1 and Roth IRA basics as well as compounding to help you prepare for your someday.
Please note: Federal legislation enacted on December 20, 2019, made a number of changes to the rules regarding defined contribution, defined benefit and/or individual retirement plans, and 529 plans. Information herein may refer to or be based on certain rules in effect prior to this legislation and current rules may differ. As always, before making any decisions about your retirement planning or withdrawals you should consult with your tax advisor.
Next steps to consider
Take advantage of potential tax-deferred or tax-free growth.
Determine if you're contributing enough to your savings.
Four easy guidelines to help you reach your retirement goals.