Central Bank of St. Louis
Roth IRAs allow you to invest after-tax dollars, let the investment grow tax-deferred, and take qualifying withdrawals tax-free. Roth IRAs have no age limit on those making contributions.
There is increased “portability” between retirement plans, allowing movement of money between Qualified Retirement Plans and Individual Retirement Accounts. Money can be moved from a Traditional IRA to a Roth IRA.
Unlike Traditional IRAs, there is no required minimum distribution at age 70½. Your earnings can continue to grow until you need them.
Now is the time to get started. Call us today at 314.862.8300 or stop by any location to create your retirement plan.