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Ask many people why they work, and ironically, they'll answer, "So that one day I won't have to." While everyone has dreams of retirement, individuals can differ greatly regarding when and how they go about planning for it. Allegacy offers a variety of Individual Retirement Accounts (IRAs), each with its own unique tax benefits, growth strategies and timelines. Our financial specialists are ready to help you decide which one is right for you. To us, retirement accounts aren't just about funding your future, they're about providing you with peace of mind today.

Traditional IRA
Enjoy tax-deductible contributions and years of tax-deferred growth.

  • Taxes are deferred until earnings are withdrawn

Roth IRA
Contribute after taxes and enjoy tax-free withdrawals after five years.

  • Contributions are nondeductible
  • May feature tax-free withdrawals for certain distribution reasons after a 5-year holding period

Certificate IRA
Earn tax-deferred or tax-free interest at a competitive certificate rate.

  • Available in 3 month, 6 month, 9 month, 12 month, 18 month, 2 year, 3 year and 5 year increments
  • Earns Certificate dividend rates instead of the IRA rate
  • Contribution and withdrawal limitations apply (no fixed regular contributions allowed, penalty for early withdrawal)

Coverdell Education Savings IRA
Use penalty- and tax-free distributions to pay your child's college tuition.

  • Contributions are nondeductible
  • May feature tax-free withdrawals for a child's higher education expenses

Articles to Help You Decide:

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