IRAs
Individual Retirement Accounts were established by the federal government to encourage people to save for their retirement by providing a variety of tax advantages.
Traditional IRA
Contributions up to $2,000 annually may be deductible, and your earnings are not taxed until you start withdrawing money.
Roth IRA
For many people, a Roth IRA may offer greater tax savings and withdrawal flexibility than a traditional IRA. Eligibility depends on income.
Simple IRA
SIMPLE IRA plans are retirement vehicles, maintained on a calendar year basis, for small employers (no more than 100 employees earning at least $5,000 for the preceding year), which permits contributions under a qualified salary reduction agreement.
Annuities
Annuities can provide a series of payments that typically start at retirement and continue for the rest of the contract owner's life. Annuities can provide retirement income for either a fixed period of time or for the rest of an annuitant's life. Retirement income payments can begin immediately with the purchase of an annuity or be deferred to some time in the future.