For the investing public, one of the primary concerns is to efficiently grow investments while minimizing taxes.  For Traditional IRAs, contributions may be tax deductible on federal income tax returns.  Earnings in a Traditional IRA are treated as tax-deferred, meaning that no taxes are owed until withdrawal, as long as withdrawals are taken after age 59 1/2 (Withdrawals prior to age 59 1/2 may be subject to taxes and a 10% IRS penalty).

It's also important note that with a Traditional IRA, the IRS requires that account owners take a Required Minimum Distribution (RMD) beginning at age 70 1/2.  Failure to take RMD may subject the account holder to a 50% IRS penalty.

To open a Traditional IRA account or transfer your existing Traditional IRA, complete the form and we will send you your FREE Traditional IRA kit.  Our FREE Traditional IRA kit includes everything you need to open a new Traditional IRA.  But if you need to learn more first to determine if a Traditional IRA is for you, go ahead and visit our online library.  It's called the Library of Investor and Financial Education.  We call it the LIFE Center for short.  In the LIFE Center, we have an IRA Resource Page dedicated just to IRAs.  Once you've learned what you need, come back to this page and order your FREE Traditional IRA kit.