A Traditional IRA is a type of retirement plan that has been in existence since 1975. Traditional IRAs offer tax-deferred earnings and the possibility for tax deductible contributions. These tax advantages make a traditional IRA a powerful tool in creating a balanced, long-term savings plan.

With a traditional IRA:
 Earnings accumulate tax-deferred
 Contributions are tax-deductible if you qualify
 The amount you can contribute each year is increasing

Always seek professional tax advice.