A Traditional IRA allows individuals to put aside tax-deferred money for retirement. Contributions are made from pre-tax dollars and the original funds will grow tax-free upon withdrawal.
A Roth IRA is an individual retirement account that is funded with post-tax dollars. All earnings including interest, capital gains, and dividend income, grow tax-free. However, eligibility requirements must be met.
Other Tax-Advantaged Plans
In addition to retirement plans, Entrust also administers self-directed Health Savings Accounts and Educational Savings Accounts. These plans help reduce costs and provide a way to save on a tax-free basis.