|
|
|
|
 |
|
Traditional IRA
- Dividend earnings are tax deferred until withdrawn
- Contributions are tax deductible on current returns
- No income limits
|
 |
|
 |
|
Roth IRA
- Dividends grow tax free
- Earnings are 100% tax free upon withdrawal (account must be open at least 5 years)
- Income restrictions to open account
|
|
|
 |
|
Education IRA (Coverdell Education Savings Account)
- Dividends grow tax free
- Withdrawals are tax free when used for qualified education expenses
- Contributions are not tax deductible
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|