IRAs

Make every dollar you invest work harder for you on the way to a secure retirement.

An Individual Retirement Account is a personal account that helps individuals save for their own retirement. IRAs offer either tax-deferred or tax-free growth of any earnings. Some IRAs even provide tax-deductible contributions.

Ameriprise Financial offers a full range of IRAs, including traditional IRAs, Roth IRAs, spousal IRAs and more. We also offer the professional guidance to help you decide which is best for you.

• IRA Basics: Types of IRAs
• Traditional and Roth: What's the Difference?
• Rollover Guide: Completing Your Rollover Is as Easy as 1-2-3
• Ameriprise Financial Rollover IRA

No matter what stage you're at in the financial planning process, saving for retirement is one of the most important things you can do. Don't spend valuable time trying to manage your retirement savings on your own. Let an Ameriprise financial advisor help you find the appropriate IRA for your situation, and help you plan for your ideal financial future.

• Find out how we can help with your financial goals
• See what's in a personal financial plan
• Find an advisor near you

Many times clients are looking to create an additional retirement savings account to supplement their 401(k), but without increasing their tax burden. In this case their financial advisor may recommend a Roth IRA. A Roth IRA can be an especially attractive option because it allows for tax-free withdrawals of any earnings, provided the account has been open for at least five years and the owner is age 59-1/2 or older. There are income limits that must be met in order to contribute to a Roth IRA, so be sure to discuss your situation with your financial advisor.

A growing number of people today have this opportunity available to them, but they aren't taking advantage simply because they're not aware of it. An advisor can explain the benefits of a Roth IRA in detail and help you decide if it's the right move going forward.