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An IRA or an Individual Retirement Account is a variable tiered or fixed rate deposit account. IRA's are a good long term savings or tax-deferred savings option. If you are interested in finding out if you are eligible to contribute to an IRA contact your tax advisor.

There are two different types of IRAs - Traditional and Roth. A Traditional IRA may offer immediate tax benefits. Roth IRA contributions are not tax deductible, but offer more flexibility for withdrawal of contributions or earnings for certain distribution reasons.

For more information please contact us.