Investing
Plan the retirement you want
Open a Traditional or Roth IRA, or roll over an old 401(k), in minutes.
Every year you start sooner makes a difference
An Individual Retirement Account (IRA) lets your savings grow with tax advantages. You can contribute even if you have a 401(k) at work, and you can choose how it’s invested – or let us build a portfolio for you.
If you have an old employer plan, rolling it into a Meridien IRA brings everything into one place with no tax impact when done correctly.
Which IRA is right for you?
Traditional IRA
Contributions may be tax-deductible; withdrawals in retirement are taxed as income.
Roth IRA
Contribute after-tax money; qualified withdrawals are tax-free.
Rollover IRA
Move an old employer plan into one place with no tax impact.
Retirement savings estimator
Traditional vs. Roth IRA
| Traditional | Roth | |
|---|---|---|
| Contributions | May be tax-deductible | After-tax |
| Growth | Tax-deferred | Tax-free |
| Withdrawals in retirement | Taxed as income | Tax-free (qualified) |
| Income limits | None to contribute | Yes |
| Required minimum distributions | Yes | No (for original owner) |
General information only – not tax advice. Consult a tax professional.