SLAVIC MUTUAL FUNDS MANAGEMENT CORPORATION (SMF)
 
CONTRIBUTIONS DISTRIBUTIONS REQUIRED MINIMUM DISTRIBUTION (RMD)
                                                                                                            

There are two types of IRAs, Roth and Traditional. Both offer tax benefits and can help you save for retirement.

A Traditional IRA may allow you to deduct contributions on your income taxes now and pay the taxes when you make qualified withdrawals in retirement. There is no income limit to contribute.

 A Roth IRA offers the opportunity for federal tax-free growth and tax-free withdrawals. Unlike Traditional IRAs, Roth IRAs have income and eligibility requirements.

 

Comparison of the Roth IRA and Traditional IRA