Account Details
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| Feature |
Traditional IRA
|
Roth IRA
|
Educational IRA
|
|---|
|
ASI Insurance
|
Up to $500,000
|
Up to $500,000
|
Up to $500,000
|
|
Eligible Age
|
N/A
|
N/A
|
N/A
|
|
Annual Contributions
|
Not Required
|
Not Required
|
Not Required
|
|
Maximum Annual Contributions
|
$6,500
$7,500 for those 50+
|
$6,500
$7,500 for those 50+
|
$2,000
|
|
Spousal Contributions
|
Accepted
|
Accepted
|
N/A
|
|
Contribution Due
|
April 15th of the next calendar year
|
April 15th of the next calendar year
|
April 15th of the next calendar year
|
|
Tax Consequences
|
Tax-deferred earning. Contributions may be tax deductible.
|
Tax-deferred earning. Contributions may be tax deductible.
|
Tax-deferred earning. Contributions may be tax deductible.
|
|
Distributions
|
Must begin by April 1st following the year you reach age 73
|
N/A
|
By Age 30
|
Rates
Additional Information:
For complete terms governing accounts, please consult the Membership Agreement booklet, Fee Schedule, and Rate Sheet.
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