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IRA’s

Traditional IRA

 Potentially tax-deferred retirement plans; you don’t pay taxes on your contributions until you withdraw the funds. Contributions can be made as long as you have *earned income.

Roth IRA

You pay taxes now and withdraw the funds tax-free when you retire. Contributions can be made as long as you have *earned income.

* See irs.gov for more details.

Clarion Federal Credit Union 2021