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More IRA Information

Annual Contribution Limits
Tax Year	Under 50	Age 50 and Above
2011	$5,000	$6,000
2012	$5,000	$6,000

Income Limits for Tax Deductions
Income for Married Filing Joint	Income for Single	Deductibility
Less than $92,000	Less than $58,000	Contribution is 100% tax deductible
Between $92,000 - $112,000	Between $58,000 - $68,000	A portion of contribution is tax deductible
$112,000 and above	$68,000 and above	Contribution is not tax deductible

IRA Comparison

Choosing the right IRA for you
Pros & Cons	Traditional	Roth
Potential tax deductible contributions	x
Earn dividends tax free		x
Contribute to your IRA without income restrictions		x
Contribute to your IRA without age restrictions	x

Your savings are federally insured by the National Credit Union Administration (NCUA) to at least $250,000 and backed by the full faith of the United States Government.

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