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<h1>Individual Retirement Accounts

Individual Retirement Accounts (IRAs)

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This account is a retirement saving account through IRA funding where members may fund pretax dollars that may help them to get tax saving and get retirement credits as well.

Members may contribute earnings in traditional IRA and deduct the contribution in tax return.  These earnings can potentially grow tax-deferred until a member withdraws in retirement.

Members may contribute after-tax earnings, which will be tax-free after retirement. There may be no taxes when withdrawing money from Roth IRA after retirement