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Traditional IRA

The traditional IRA is an account that allows you to defer taxes on your earnings until they are withdrawn. Certain contributions are tax deductible in the tax year for which they are made.

If you are under age 70 for the entire tax year and have earned income (or your spouse has earned income), you are eligible to establish a traditional IRA. We will explain the nature of this account in more detail and help you complete the simple forms necessary to establish your Traditional IRA. Contact us today !

 

Copyright 1998 Bank of Belton. All rights reserved.

Revised: November 2, 2011