Roth IRA
from Chevy Chase Bank
With Chevy Chase Bank Roth IRAs all withdrawals are federal income tax and penalty-free, including earnings - assuming you are over 59 1/2 years old and your account has been open for at least five tax years when you make your withdrawals. Unlike Traditional IRAs, contributions to Roth IRAs are never deductible.
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Michael answered jennifer's question:
jennifer asked:
opening an IRA
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Michael answered:
Jennifer, Great question! The difference between the two, in essence, in t...
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