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What's an IRA? An Individual Retirement Account is a personal retirement savings plan that allows you to contribute up to two grand a year!. Well, that's nice and all. But what's really in it for you? What's So Great About IRAs?
An IRA is a (legal!) way for you to keep more of your money from Uncle Sam. And it's possible you have a delightful choice: Do you want to save on taxes now with a traditional IRA or when you retire with a Roth IRA? Every dollar you invest today will work for you, earning interest, until that golden day in the future when you're ready to retire. You have until April 16th to make your maximum allowable contribution for the year 2000. Each contribution means additional tax benefits and more money in your retirement nest egg. Most people are eligible to contribute to an IRA. It's just a matter of which kind and how much. Our handy eligibility calculator will help you figure it out. If you are eligible for both the Roth and traditional IRAs, figure out which one is right for you by using this Roth vs. Traditional calculator. Now, go ahead and open that account. It's easy to do online through a discount broker. Use this convenient comparison table to check out each of our sponsor broker's IRA products and fees. Then open an account and get started saving now and for your future.
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