Individual Retirement Account (IRA)

Build financial endurance with a solid IRA

There are a lot of investment choices out there. But not many compare with the Individual Retirement Account (IRA).

What is an IRA? Boiled down to its essential components, an IRA is a personal retirement savings plan that can usually be funded monthly or annually.

You have many IRA options. Depending on your taxable income and where you plan to be at retirement, there’s an IRA for you. While there are several, the two main options are traditional and Roth IRAs.

Traditional IRAs are perfect for the investor wishing to think forward with their pre-tax dollars. And traditional IRA contributions may be tax deductible (see a tax consultant). Of course, there will be some taxes due when you begin to withdraw from your IRA at retirement.

Roth IRAs use after-tax dollars to help you invest in the future. Any returns made from a Roth IRA are yours to keep with no tax implications. Roth IRA contributions are not tax deductible.

Get some professional advice. If you’d like some advice to help you successfully navigate the ocean of IRA and investment strategies, call First Tech Investment Services at 800.637.0852, x3371 in Oregon or x7149 in Washington. Make an appointment with a CFS* Financial Advisor, available through CUSO Financial Services. L.P. (CFS), our broker/dealer.

Come into any branch and open an IRA. If you’re prefer, you can open your own IRA at any branch. Simply ask a member services representative about opening and funding an IRA, and they’ll be glad to help.