Join us for refreshments, cookies, and prizes from 10 AM to 12 PM at our Mesquite and Royal Office on July 30th to celebrate you, our members, for your trust and loyalty. It’s our way of showing our appreciation for your continued support.
Straight talk: There are many rules related to tax-advantaged accounts. Before you contribute, it's important to have an understanding of these limitations:
A Traditional IRA can be a smart solution to increase your tax-deffered retirement savings.
Eventually, you'll be taxed on your contributions and earnings.
Once you turn 59 1/2, you can access your funds penalty free.
With a Roth IRA account, you won't pay taxes as your money potentially grows, and you can make tax-free withdrawals during retirement.
Qualified withdrawals after age 59½ are tax-free and penalty free.
A Coverdell ESA is great way to help pay for your child's educational expenses, such as tuition, fees, books, supplies, and equipment.
The account earnings grow on a tax-deferred basis. Withdrawals are tax-free when the funds are used for qualified education expenses. A beneficiary can be anyone younger than 18.