Wescom offers a variety of IRA investment options to help you start saving for your retirement future.
With a Roth IRA, contributions are not tax-deductible, but all distributions from the IRA are tax-free. In fact, with a Roth IRA, you can take qualified tax-free distributions as soon as five years after your first contribution. Qualified distributions include those:
Open a Roth IRA with Wescom and take advantage of after-tax benefits as you save for retirement.
To enable older participants to “catch up” with their retirement savings, individuals 50 and older can contribute $7,500 per year.
You may be wondering if you should roll your existing IRAs into Roth IRAs. As a general rule, the Roth IRAs’ tax-deferred compounding benefits younger workers most, but ask your tax advisor for advice about your specific situation. To find out more about the IRA options that are right for you, give us a call at 1-888-4WESCOM (1-888-493-7266).
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