Investments Resource Center
Types of IRAs

There are three main types of IRAs. Is one right for you?
-
Traditional − Take a
tax deduction on current contributions, allows the potential for
tax-free compound growth, but pay taxes when you make a
withdrawal
-
Roth − Pay taxes now,
earn tax-free income later, assuming the account has been held for at
least five years and you are at least 59½ years old
- Rollover − For job changers, recent retirees or those wanting to consolidate retirement plans from previous employers
Keep in mind, neither Nationwide® nor its representatives provide tax or legal advice. You should consult with your attorney or other professional advisor for such advice.
Not a deposit • Not FDIC or NCUSIF insured • Not guaranteed by the institution • Not insured by any federal government agency • May lose value
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