Traditional IRA
A traditional IRA is an individual retirement account that allows you to save for retirement with tax-deferred earnings, so you won’t owe income taxes until you make withdrawals.
Roth IRA
A Roth IRA is also an individual retirement account, but there’s a big difference. Contributions to a Roth IRA aren’t tax-deductible. The money you contribute can be withdrawn at any time tax- and penalty-free. If you qualify, you can withdraw the earnings tax-free also. This means if you find yourself in a financial pinch, you can withdraw what you’ve put in (not what you’ve earned) without penalty.
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Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Northeast Credit Union and Northeast Wealth Advisors are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Northeast Wealth Advisors, and may also be employees of Northeast Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Northeast Credit Union or Northeast Wealth Advisors. Securities and insurance offered through LPL or its affiliates are:
This site is designed for U.S. residents only. The services offered within this site are available exclusively through our U.S. Investment Representatives. LPL Financial U.S. Investment Representatives may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state.