Attaining financial security upon retirement is the ultimate goal of many. Individual Retirement Accounts (IRAs) were designed to provide a tax-advantaged opportunity to build retirement security.
• Traditional IRAs
• Roth IRAs
• Simplified Employee Pension
Royal Bank also offers a Coverdell Educational Savings account so you can get a head start on saving for educational expenses. With the rising cost of higher education, this option allows for deposited funds to grow tax deferred and provides a safety net for higher education expenses.
Contact us today for more information or visit www.irs.gov.