Today there are many great investment options. Take a look and see which of these IRA and savings options fit your circumstances best.
- Tax-free Roth IRA (funded with after-tax money, you pay NO taxes on the earnings even at distribution)
- Fully deductible Traditional IRA (you pay taxes on contributions and earnings when you take out the money at retirement)
- Non-deductible Traditional IRA (you pay taxes on only the earnings at distribution)
- Coverdell Educational Savings Account to help a child pay for higher education expenses
Then contact Financial Services, (316)722-3921, ext. 202, to open your IRA account, or with any questions that you have about your retirement planning.