Individual Retirement Accounts

The "First Foundation IRA" is a tax-advantaged account that- when you make consistent periodic contributions and invest them with FDIC insurance-can be a cornerstone for building your desired retirement income. The "First Foundation IRA" offers you Roth and Traditional account options, providing you the opportunity to flexibly meet your retirement planning goals.

• The Roth IRA allows you to contribute money that has already been taxed, so your money can grow tax-free. As long as certain conditions are met, you can then enjoy tax-free withdrawals in retirement.
• The Traditional IRA allows you make contributions with money you may be able to deduct on your tax return and earn tax-deferred earnings on the contributions until you withdraw them in retirement. The Traditional IRA allows you to deposit funds received from employer-sponsored plans when you cease to be a participant in that plan, provided the transfer meets certain requirements. When these requirements are met, these transfers will also continue to earn tax-deferred earnings until you withdraw them in retirement.

First Foundation IRAs provide the tax benefits that generally allow your retirement savings to grow-or compound-more quickly than in a taxable savings account.

For more information, download our Personal Roth IRA product information sheet (PDF)

For more information, download our Personal Traditional IRA product information sheet (PDF)

To learn more about these retirement account options and current interest rates paid on these accounts, contact My Private Banker to be introduced to one of our IRA Account Specialists.