Watch your money grow tax-free with a Roth IRA. Roth IRA contributions are made from deposits you’ve already paid taxes on so you won’t have to worry about paying taxes on withdrawals during your later years. Roth IRAs typically provide more tax savings and withdrawal flexibility than Traditional IRAs.
With the Roth IRA, your yearly contributions are not income tax deductible. However, qualified withdrawals are tax-free.1 And, unlike the Traditional IRA, the Roth IRA does not require you to begin withdrawing funds at a certain age.
Best suited for individuals
Who expect to be in the same or higher tax bracket at retirement
Who want to leave money to their heirs tax-free
To begin saving for your retirement today, visit any EECU branch or give us a call at 817-882-0800.
1 Not intended to be tax advice. Please consult a tax professional for information regarding this account’s effects on your taxes.