Traditional IRA

The Traditional IRA is an account that allows you to defer taxes on the earnings on your contributions until they are withdrawn. Also, certain contributions are tax deductible in the tax year for which they are made. You are eligible to establish a traditional IRA if you are younger than age 70 1/2 for the entire tax year and you or your spouse have earned income.

Please consult your tax or legal professional for specific information or before making any investment decisions.

Member FDIC © 2016  The Bank of Oswego Equal Housing Lender