Compare IRA Accounts
See how they compare side-by-side.
Roth
Traditional
based on term chosen
based on term chosen
3-60 months
3-60 months
Yes, set by federal government, increasing each year
Yes, set by federal government, increasing each year
$500
$500
Penalty free at age 59 1/2
Penalty free at age 59 1/2
At retirement
When contributions are made
January thru Tax Day
January thru Tax Day
No
Yes, at age 72
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