SunTrust Bank IRAs
In addition to the traditional tax-deferred Investment Retirement Account, SunTrust offers: a Roth IRA, in which contributions aren't tax deductible but earnings are free from tax, if you meet certain criteria; a Simplified Employee Pension (SEP) IRA, a tax-deferred plan for small business owners or those who are self-employed; and a Savings Incentive Match Plan for Employers (SIMPLE) IRA, a plan for employers with fewer than 100 employees, to which both employees and (to a lesser degree) employers contribute.
- Sort by:
- Rating
- Alphabetical
Traditional IRA
Traditional IRAs allow your retirement savings to grow tax-deferred until they are withdrawn. Contributions… Read More »
Roth IRA
Roth IRA contributions aren't tax-deductible, but you won't pay taxes when you take the money… Read More »
SEP IRA
Simplified Employee Pension IRAs are tax-deferred retirement plans designed for small business owners.… Read More »
SIMPLE IRA
The Savings Incentive Match Plan for Employers allows employers with fewer than 100 employees to maintain… Read More »
Related Stories
Don't Qualify for a Roth IRA?
by Jonathan Clements
'Retitling' Inherited IRAs
by Kelly Greene
Bolstering Prospects for a Secure Retirement
by Jonathan Clements
How Graduates Can Maximize Their Finances
by Brian Hershberg
Give Teenager a Roth IRA
by Lyneka Little
Have a Questionabout IRAs?
Ask Michael, our IRA guru.
Learn more about Michael »
Michael answered jennifer's question:
jennifer asked:
opening an IRA
Responses (1) | Join the discussion »
Guru
Michael answered:
Jennifer, Great question! The difference between the two, in essence, in t...
