Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. The performance data contained herein represents past performance which does not guarantee future results. The hypothetical results and performance streams used to compile the hypothetical performance may be materially different from the client's actual holdings.Īsset allocation, diversification, and rebalancing do not ensure a profit or protect against loss in declining markets. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved. No representation is made that any account will or is likely to achieve profits or losses similar to those shown. No representation is made that a client will achieve results similar to those shown. Hypothetical returns do not represent actual investments and are achieved through the retroactive application of investment returns with the benefit of hindsight. Hypothetical performance results have certain inherent limitations. Such a plan involves continuous investment in securities regardless of fluctuating price levels investors should carefully consider their financial ability to continue their purchases through periods of fluctuating price levels. Please see Roth IRA Contribution Limits for specific income amounts.įootnote 4 Please keep in mind that an automatic investment plan does not ensure a profit or protect against loss in declining markets. Take advantage of catch-up contributions if you're age 50 or olderįootnote 1 Income tax will be due upon withdrawal and you may be subject to a 10% additional federal tax for withdrawals prior to age 59½ unless an exception applies.įootnote 2 Contributions to Roth IRAs begin to phase out at different modified adjusted gross income ranges for married taxpayers filing jointly, married taxpayers filing separately and singles or heads of households. To determine what type of IRA could work best for you, go to Find out which IRA may be right for you and view the most current 401(k) and IRA contribution limits. Footnote 2 A Roth IRA is funded with after-tax contributions, so once you have turned age 59½, qualified distributions, including any potential earnings, are federal income tax-free (and may be state income tax-free) if certain holding period requirements are satisfied. If you meet the phased-out modified adjusted gross income limits, which are based on your federal tax filing status, a Roth IRA may be a good choice for you. Contributions to a traditional IRA may be tax-deductible and the potential investment earnings have the opportunity to grow tax-deferred until you make withdrawals during retirement. A traditional IRA may be right for you depending on your income and whether you or your spouse are eligible to participate in a workplace retirement plan. You have two options: a traditional IRA or a Roth IRA. Consider establishing an individual retirement account (IRA) to help build your nest egg.
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