INDIVIDUAL RETIREMENT ACCOUNTS (IRAS)

Individual Retirement Accounts (IRAs) are one of the most effective ways to accumulate retirement savings. There are many types of IRAs, but they all have in common built-in tax advantages that allow your account to compound at a faster rate than in a regular investment.

IRAs are also among the simplest of retirement plans: you fill out a form, select the investments, and contribute the money yourself. A Wachovia Securities Financial Advisor can help you decide, based on your individual circumstances, what type of IRA may work best for you, and what investments would best fit your long-term goals. With a Wachovia IRA, you can choose from a wide array of services and investment choices—so you create the IRA that best suits you.

To compare accounts, click on the checkboxes for the accounts you're interested in, then click Compare Accounts button.

			Rollover IRA (Get Started) When you retire or change jobs, you can continue tax-deferred investing by easily transferring your retirement assets into a Rollover IRA.¹
			Traditional IRA (Apply Now) Pay no taxes on your earnings until you begin distributions at retirement—when you may have entered a lower tax bracket. In addition, your contributions may be tax-deductible.¹
			Roth IRA (Apply Now) Contributions to a Roth IRA are made after-tax rather than pre-tax, but earnings are tax-free if you meet certain conditions.²
			SEP IRA (Apply Now) A retirement plan designed for the needs of small business owners, a SEP offers the benefit of tax-deferred earnings for the employee, and tax-deductible contributions for the company.¹

IRA Comparison Chart

Use our chart to quickly compare Traditional, Rollover, Roth, and SEP IRAs.

IRA CD (Apply Now)
For predictable interest earnings and stable principal, an FDIC-insured IRA CD may be ideal for those interested an IRA who may be nearing or at retirement.³

To speak to a Wachovia Securities Financial Advisor, call (866) 588-9606, 8:00am to 8:00pm ET, Monday through Friday, or use our Locator.

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¹ Withdrawals are subject to ordinary income tax and may be subject to a federal 10% penalty if taken prior to age 59 ½.

² Qualified Roth IRA distributions are not subject to state and local taxations in most states.

³ Generally, IRA-CDs may not be withdrawn prior to maturity, but when permitted may incur an interest penalty. CDs held in certain types of retirement accounts are FDIC insured up to $250,000 per depositor, per institution. IRA-CDs may be issued by out of state institutions.

Wachovia Securities is the trade name used by two separate, registered broker-dealers and non-bank affiliates of Wachovia Corporation providing certain retail securities brokerage services: Wachovia Securities, LLC, Member NYSE/SIPC, and Wachovia Securities Financial Network, LLC, Member FINRA /SIPC.

Wachovia Securities Statement of Financial Condition
Audited - December 31, 2007

Unaudited - June 30, 2008

The information contained herein is a current interpretation of the regulations. Where language in the regulations is unclear, assumptions have been made. This information should not be considered tax advice. Consult your tax advisor or legal counsel for information concerning your particular situation.

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