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IRA Services

 

Traditional IRA

With a Traditional IRA, your earnings grow tax deferred, so you won’t owe income taxes until you make withdrawals. And if you’re eligible, your contributions are tax deductible.  To learn more about Traditional IRAs, visit ALEC’s IRA Center.  

 

Visit our IRA Center

Roth IRAs

With a Roth IRA, your earnings grow tax free and are also tax free when you make qualified withdrawals. Qualified withdrawals may include a first-time home purchase, higher education expenses or contributions made after age 59. To learn more about Roth IRAs, visit ALEC’s IRA Center.

Coverdell Education Savings Account

Plan now for future college expenses and have your earnings grow tax free. Save up to $2,000 per year, per child. To learn more about ESAs, visit ALEC’s IRA Center.


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Calculate your optionsPrint your application today!

Contact ALEC today to open an account by calling 847.688.8000 or 800.762.9988.

For additional information on  IRAs, download the PDF brochures below. 

 Roth IRA Traditional IRA Comparing your IRA Options Intro to Traditional and Roth IRAs Coverdell Education Savings Account IRA Rollovers Credit Union IRAs Employer's Guide

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