Individual Retirement Accounts

• Traditional IRA 
  A traditional IRA can be contributory, rollover or spousal.
  
  
• Roth Contributory IRA 
  An individual retirement account featuring post-tax contributions with tax-free growth. 

• Roth Conversion IRA 
  An individual retirement account that allows the account holder to convert traditional, SEP or SIMPLE IRA assets to a Roth IRA. The account holder also can make contributions to the Roth Conversion IRA. 

• Custodial IRA 
  A traditional or Roth IRA account established for a minor who has earned income. The custodian must be at least 18 years of age. 

• Inherited/Beneficiary IRA 
  Also known as a beneficiary IRA, an inherited IRA is available to any designated beneficiary upon the death of the original IRA holder