- You may contribute to both a traditional and a Roth IRA (subject to eligibility), as long as contribution limits are not exceeded. Contributions may not exceed earned income.
- Withdrawal penalties may apply if funds are withdrawn before age 59½.
- A $10,000 lifetime maximum applies.
This information is not intended as tax advice. Consult a tax professional for tax advice and to determine the option best for you.
Advisory services offered through Everence Trust Company and/or Investment Advisors, a division of ProEquities Inc., Registered Investment Advisors. Securities offered through ProEquities Inc., a registered broker-dealer, member FINRA and SIPC. Everence entities are independent from ProEquities Inc.