What types of IRAs does Veridian offers?
Individual retirement accounts (IRAs)
Veridian offers the following types of IRAs.
Traditional IRA
Choose a traditional IRA if you want the tax deduction right now. It also makes sense if you anticipate paying taxes at a significantly lower rate in retirement. The money invested in a Traditional IRA is tax-free when the initial contribution (deposit) is made and the withdrawals are taxed.
Roth IRA
With a Roth IRA, your contributions are taxed now, and you can make withdrawals at any time tax free* and without penalty. Plus, you’re not required to take mandatory withdrawals until you are 70 and a half years old.
Self Employed IRA Plans (SEP)
IRA plan designed for self-employed individuals.
Get started
If you’re ready to open an IRA, visit Retirement Central today.
All information provided through this site is intended to be accurate. However, there may be inaccuracies from time to time which we will make every attempt to correct immediately.